$STX Faces Rejection After Explosive Rally 📉
Short STX
Entry: 0.385 – 0.425
SL: 0.475
TP1: 0.370
TP2: 0.345
TP3: 0.325
TP4: 0.310
Why:
STX made a strong breakout from the 0.32 area and surged to 0.4139 before facing clear rejection. Price has now slipped below MA(7) at 0.3940, while MA(25) remains around 0.3695. Volume spiked heavily during the rally and is now cooling, while MACD has turned negative, showing weakening short-term momentum. OI remains elevated after the sharp move, which could increase volatility. If STX loses 0.370, the downside could extend toward 0.347 → 0.334. A deeper correction could bring the 0.318 area into play.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#
Short STX
Entry: 0.385 – 0.425
SL: 0.475
TP1: 0.370
TP2: 0.345
TP3: 0.325
TP4: 0.310
Why:
STX made a strong breakout from the 0.32 area and surged to 0.4139 before facing clear rejection. Price has now slipped below MA(7) at 0.3940, while MA(25) remains around 0.3695. Volume spiked heavily during the rally and is now cooling, while MACD has turned negative, showing weakening short-term momentum. OI remains elevated after the sharp move, which could increase volatility. If STX loses 0.370, the downside could extend toward 0.347 → 0.334. A deeper correction could bring the 0.318 area into play.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#
