$STX/USDT 2h (#Bybit) Rising wedge breakdown and retest

Stacks seems locally topped here and a retracement down to 100EMA would make sense.

⚡️⚡️ #STX/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 5.0%

Current Price:
0.94020

Entry Targets:
1) 0.95080

Take-Profit Targets:
1) 0.76145

Stop Targets:
1) 1.07745

Published By: @TradingOn

$STX #STXUSDT #Stacks #PoX

Risk/Reward= 1:1.5
Expected Profit= +59.7%
Possible Loss= -40.0%

www.stacks.co/

Comment:

TP was reached with +59.7% (3x) and +1.5R

Stacks went nicely as planned, got rejected on local top and retraced down sharply!