đ Recurring Stacks Pattern Signals Next Leg Up for STX! đ
Rekt Capital's latest analysis reveals a recurring behavior in Stacks (STX) price movements, indicating an exciting potential breakout ahead. Historically, STX experiences price compression near its multi-year Macro Higher Low trendline. As it approaches this trendline, the stage is set for a potential breakout into a new Macro Uptrend!
đ Key Insights:
Price Compression: STX is coiling closer to its Higher Low, indicating readiness for a breakout.
Historical Behavior: STX typically closes weekly above its pattern resistance, retesting it as support to confirm upward trends.
đ Bittensor (TAO) Update: TAO has rallied +38% since the last update, breaking beyond its ReAccumulation Range. A crucial Weekly Close above the Range High of $350 would pave the way for a significant post-breakout retest, confirming the uptrend.
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