Watching the current price action on STX closely today. 📊
Looking at the 1H chart, the price has moved below the recent ascending trendline and is currently testing a support zone. The trading volume has cooled down a bit at this stage, so waiting for a clear market direction is important.
Key levels based on the chart:
🎯 Resistance ➔ 0.4111
🛡️ Support ➔ 0.3830
$STX
I prefer to wait for the candle to close and confirm the next move before taking any action.
How are you analyzing this chart? Let me know your thoughts below! 👇
NFA | DYOR
Looking at the 1H chart, the price has moved below the recent ascending trendline and is currently testing a support zone. The trading volume has cooled down a bit at this stage, so waiting for a clear market direction is important.
Key levels based on the chart:
🎯 Resistance ➔ 0.4111
🛡️ Support ➔ 0.3830
$STX
I prefer to wait for the candle to close and confirm the next move before taking any action.
How are you analyzing this chart? Let me know your thoughts below! 👇
NFA | DYOR
