STX/USDT Could STX continue upward movement or Downward?

💎 STX has recently captured significant market interest. Currently, STX is showcasing a positive trend, having broken through a key resistance level and now undergoing a retesting phase at a support level that previously acted as resistance.

💎 There is the probability for STX to resume its upward trajectory, aiming for the strong resistance area near its all-time high.

💎 However, should STX falter in its ascent, a reverse trend might ensue, leading it back to the support area for a potential rebound.

💎 In this crucial support zone, STX must demonstrate resilience and bounce back to maintain its upward trend. A failure to hold above this support level and a subsequent breakdown could be a negative indicator, signaling a possible shift to a bearish trend.

💎 This could lead to a downward movement towards the demand area, and potentially even to a more substantial support level. Such a development would require close observation for its impact on STX's market direction.

Trade closed: target reached:

Spot on again! #STX has climbed 167.23%