π Current Status:
STX is holding at a significant support level.
π Potential Downside:
Losing this level could lead to a revisit of $1.80.
$1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone.
π― Take Profit Targets:
Take Profit 1: $2.50
Take Profit 2: $4.00
π£ Stay attentive to market dynamics and adjust strategies as needed! ππ± #STX #TradingAnalysis #CryptoMarket ππ‘
STX is holding at a significant support level.
π Potential Downside:
Losing this level could lead to a revisit of $1.80.
$1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone.
π― Take Profit Targets:
Take Profit 1: $2.50
Take Profit 2: $4.00
π£ Stay attentive to market dynamics and adjust strategies as needed! ππ± #STX #TradingAnalysis #CryptoMarket ππ‘