#STX is gearing up for a major breakout from its descending channel on a daily timeframe. The price has consistently respected the trendlines within this formation, but recent developments suggest we could be on the verge of a significant move.

#STX is currently testing the critical support zone of $1.900, a crucial area brimming with liquidity. This zone could serve as a launchpad for a breakout above the descending resistance line, potentially marking a trend reversal and aligning with our bullish forecast.

If the liquidity at the major support zone isn't enough, we might see a move down to $1.3 . A strong buying response at this level could still spark a bullish run for #stx