$STX Strong acceleration, directly approaching the 0.30 area!
STX price is rising strongly, forming a sharp bullish trend, directly pressing against the 0.30 mark. Once this area is touched, momentum slows down, with small candlesticks and bilateral shadows frequently appearing, indicating short-term hesitation and profit-taking. Currently, the pullback is mild, of a corrective nature; as long as higher lows are supported, the bullish structure remains solid.
At present, STX is digesting the gains. Buying activity is active around 0.295–0.292; as long as this support holds, the probability of the bulls continuing to push towards higher points is much greater than a reversal.
Trading strategy
Long entry: 0.295–0.292
Target levels:
TP1: 0.305
TP2: 0.312
TP3: 0.320
Stop loss: 0.286
$PIPPIN