$STX is trading at $0.3903 (+6.90%), but the 1-minute chart shows short-term selling pressure after rejection near $0.3948. Price is testing the $0.3900 area, making the next support reaction important before considering a trade.
Leverage: Up to 5x
Trade setup: SHORT (conditional)
Entry: $0.3910 – $0.3920
Stop Loss: $0.3940
Take Profit 1: $0.3890
Take Profit 2: $0.3860
Take Profit 3: $0.3830
The $0.3900 area is immediate support, while $0.3931–$0.3948 forms nearby resistance. A breakdown below $0.3900 with continued selling pressure could support further downside; reclaiming resistance would weaken the short setup. These targets are conditional, not guaranteed.
Wait for confirmation and manage risk carefully.
Buy/Short and trade $STX
This does not constitute investment advice. Futures trading carries significant risk.
Leverage: Up to 5x
Trade setup: SHORT (conditional)
Entry: $0.3910 – $0.3920
Stop Loss: $0.3940
Take Profit 1: $0.3890
Take Profit 2: $0.3860
Take Profit 3: $0.3830
The $0.3900 area is immediate support, while $0.3931–$0.3948 forms nearby resistance. A breakdown below $0.3900 with continued selling pressure could support further downside; reclaiming resistance would weaken the short setup. These targets are conditional, not guaranteed.
Wait for confirmation and manage risk carefully.
Buy/Short and trade $STX
This does not constitute investment advice. Futures trading carries significant risk.