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Stxanalysis

FireHoseReel | STX Breakout Loading at Key Levels🔥 Welcome To FireHoseReel ! Let’s jump into Stacks (STX) market analysis. 🪙 Stacks (rank #88) powers Bitcoin smart contracts, letting users build DeFi, NFTs, and apps on BTC with security anchored to the Bitcoin chain. 👀 STX 4H Overview STX is in a clear downtrend on the monthly, weekly, and daily charts. On the 4H timeframe, it has formed a small consolidation zone. A breakout in either direction can create a tradable setup from this consolidation. 📊 Volume Analysis Stacks is currently showing significant volume decline, and the last volume spike leaned toward selling pressure. A breakout through the orange pre-breakout zones could trigger a notable increase in volume. ✍️ STX Trading Scenarios 🟢 Long Scenario: A breakout above $0.324 with rising buy volume creates a pre-breakout setup targeting the $0.346 resistance—suitable for a risky long entry. 🔴 Short Scenario: Losing the $0.2899 support with increasing sell volume—especially if RSI dips into oversold—could act as a pre-breakout signal for a deeper move toward $0.2762. 🧠 Protect your capital first. No setup is worth blowing your account. If risk isn’t controlled, profit means nothing. Trade with rules, not emotions.
Short
by FireHoseReel
1
STX/USDT — Key Support Test, Break or Bounce?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. --- 🔎 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. --- 🚀 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. --- ⚠️ 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. --- 🎯 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. --- #STX #STXUSDT #Stacks #Crypto #TechnicalAnalysis #CryptoTrading #Altcoins #PriceAction #SupportResistance #Accumulation
Long
by CryptoNuclear
Trade Setup: STX Double Bottom FormationMarket Context: STX has shown a significant rally of 200% the last time it touched this support level. With the price forming a double bottom and BTC expected to rally, this presents an opportunity for both a spot position and a shorter-term trade. Trade Setup: Entry: Enter a trade at $1.37. Take Profit: Set profit targets at $1.80 and $1.98. Stop Loss: Place the stop loss at $1.16 (on a daily close). 📊 Monitor BTC's performance closely and adjust your strategy as needed! #STX #CryptoTrading #DoubleBottomFormation 🎯
Long
by Richtv_official
Opportunity to buy in STXFrom where we put the red arrow on the chart, STX correction has started. According to STX correction, it is a symmetrical or double. The green range is a good support. By maintaining the green range, it can have an upward return towards the targets specified on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
STXUSDT Signals Potential Bullish Breakout with Falling Wedge 💎 STXUSDT pair has formed a falling wedge pattern on the 4-hour timeframe, indicating a potential bullish reversal. 💎 As the trading volume gradually decline. This signifies reduced selling pressure and accumulation by buyers. An increase in volume during the breakout can further confirm the bullish outlook. 💎 If the breakout occurs above the upper trendline of the falling wedge, it could lead to a potential upward price movement. Disclaimer: This is Not Financial Advice ❗️ Trade at Your Own Risk ⚠️
Long
by MyCryptoParadise_Simon