$STX spiked toward $0.46 before facing strong selling pressure and pulling back to around $0.4282 on the 1-hour chart. The rejection suggests buyers are struggling to maintain the sudden move higher.
Price could continue retracing toward the $0.3800–$0.3850 demand zone, where buyers may attempt to regain control. A solid reaction there could support another recovery, but a breakdown would weaken the short-term structure and expose lower levels.
#STX
Price could continue retracing toward the $0.3800–$0.3850 demand zone, where buyers may attempt to regain control. A solid reaction there could support another recovery, but a breakdown would weaken the short-term structure and expose lower levels.
#STX