Stacks/Tether
Long

STX/USDT — Key Support Test, Break or Bounce?

16
Stacks (STX/USDT) is currently sitting at a critical make-or-break zone that will define its medium- to long-term direction. On the weekly chart, price has returned to the historical demand zone at $0.42 – $0.58 (yellow box). This area has acted as a strong accumulation level multiple times before — notably during the 2022–2023 bottom before the explosive rally above $3.

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🔎 Structure & Pattern

1. Historical Demand Zone ($0.42–$0.58)

This zone is the last stronghold for bulls before the market risks sliding back towards the historical low at $0.1987.

As long as price holds and forms a reversal pattern here (bullish engulfing, hammer, etc.), it can trigger another wave of accumulation.



2. Lower Highs Since 2024

After peaking above $3, STX has continued to print lower highs, showing that sellers still dominate.

However, a retest of this deep demand zone also sets the stage for a potential large-scale bottoming.



3. Multi-Year Range

STX has been moving within a broad $0.20 – $3.60 range since 2021.

Price is now at the bottom edge of this range, meaning downside risk is relatively limited compared to the upside potential if a rebound occurs.

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🚀 Bullish Scenario

Early Confirmation: A weekly close back above $0.80 – $1.00.

Upside Targets:

First resistance: $1.0089

Next levels: $1.3112 → $1.7040 → $2.7367 → $3.6291


From entries in the $0.58–0.45 zone, the reward-to-risk (R:R) potential is >3:1, making this area a high-value accumulation zone.

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⚠️ Bearish Scenario

Breakdown Confirmation: A weekly close below $0.42.

Downside Targets:

First: $0.28 (minor support)

Next: $0.1987 (historical low)


A failure here would signal renewed long-term bearish pressure and a potential return to the cycle’s bottom range.

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🎯 Conclusion

STX is currently at a golden accumulation zone that historically has provided strong upside reactions.

Aggressive traders may look for entries at $0.58–0.45 with stops below $0.42.

Conservative traders should wait for a weekly close above $0.80–1.00 for confirmation of bullish momentum.

This is a decisive zone: hold = high rebound potential, break = risk of retesting $0.20.

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