#Stacks Technical Analysis: Eyeing the All-Time High After Breakout š
š¹ Trend Update: STACKS is in an uptrend, forming HHs & HLs on the HTF, respecting the TL.
š¹ Price Action:Ā $STX price is currently consolidating sideways above the TL & the 50 EMA is flat, indicating sideways movement for now.
š¹ Breakout Level: A breakout above the $2.06 resistance could end the consolidation and push the price higher, possibly testing the All-Time High.
š¹ Trade Idea:
ā”ļø Current levels are good for long entries.
ā”ļø For confirmation, wait for a breakout above $2.06 before entering.