STX Analysis- 👀
STX is navigating through a falling wedge and moving above the important support and demand areas of $1.750-$1.900
We anticipate this key support level to hold firm, setting the stage for a bullish reversal that could propel the asset toward upper resistance.
However, if Stacks falters and breaches below the $1.750 support, it may signal an extension of the bearish trend, steering the asset toward the next significant demand zone at $1.6. This level is known for its vigorous liquidity and history of prompting notable upward trends.