$STX /USDT Technical Analysis – Key Levels and Targets
Current Price: $2.482
Timeframe: 30-Minute Chart (Binance)
Market Insight:
$STX /USDT is showing volatility within a tight range, struggling to hold above $2.50 resistance.
Price is consolidating after a pullback from the $2.63 high, signaling potential for the next move.
Key Levels to Watch:
1. First Target: $2.55 – Minor resistance level; a breakout above could signal short-term bullish momentum.
2. Second Target: $2.63 – Recent 24-hour high; breaking this confirms trend strength.
3. Third Target: $2.70 – Strong psychological resistance; a break above this level could set up further gains.
Stop Loss: Below $2.45 – A breakdown below this support would invalidate the bullish structure.
RSI Insights: Watch for RSI crossing 60 on lower timeframes to confirm momentum.
Trading Tip: Monitor volume around $2.50 for a breakout confirmation. Tight stop losses are recommended given current volatility.
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