STX Short-Term Adjustment, Bears Dominate the Market
Market Analysis
The current trend of STX continues to decline, overall weak, with market sentiment being quite cautious. In the short term, both bulls and bears are engaged in fierce battles, and we still need to wait for a clear direction.
Support and Resistance Levels
• Support Levels: 1.55, 1.50, 1.45
• Resistance Levels: 1.65, 1.70, 1.80
Short-Term Trading Strategy
Bullish Strategy:
• Entry Point: 1.56
• Add Position Point: 1.50
• Stop Loss Point: 1.44
• Take Profit Targets: 1.65, 1.70, 1.80
Bearish Strategy:
• Entry Point: 1.65
• Add Position Point: 1.70
• Stop Loss Point: 1.81
• Take Profit Targets: 1.55, 1.50, 1.45
My Prediction
In the short term, STX may continue to decline, with strong bearish strength. It is recommended to focus on bearish strategies, aiming for the support below.
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