Yello Paradisers, what if I told you that the next big move on STX could decide whether traders print money or get wiped out in days? The chart is painting a dangerous setup, and ignoring it could be costly.
💎#STXUSDT has been stuck in a clear descending channel, repeatedly rejecting from its resistance line and finding temporary relief at its support. Now, price is testing a major demand zone between $0.55–$0.58, a level that could either spark a strong reversal or lead to brutal breakdowns if demand fails.
💎If buyers defend this level with momentum, the probability of a bullish rebound increases significantly. A breakout above the descending resistance could fuel a rally toward the minor resistance at $0.80 and potentially extend all the way to the strong resistance near $0.95. This move would not just trap shorts but also create panic FOMO buying from latecomers.
💎But beware if demand collapses and the zone fails to hold, invalidation comes quickly. A break below $0.50 opens the door for another leg down, flushing weak hands out of the market and creating pain for anyone holding without a plan.
Consistency, risk management, and patience are the real weapons in this market.
MyCryptoParadise
iFeel the success🌴
💎#STXUSDT has been stuck in a clear descending channel, repeatedly rejecting from its resistance line and finding temporary relief at its support. Now, price is testing a major demand zone between $0.55–$0.58, a level that could either spark a strong reversal or lead to brutal breakdowns if demand fails.
💎If buyers defend this level with momentum, the probability of a bullish rebound increases significantly. A breakout above the descending resistance could fuel a rally toward the minor resistance at $0.80 and potentially extend all the way to the strong resistance near $0.95. This move would not just trap shorts but also create panic FOMO buying from latecomers.
💎But beware if demand collapses and the zone fails to hold, invalidation comes quickly. A break below $0.50 opens the door for another leg down, flushing weak hands out of the market and creating pain for anyone holding without a plan.
Consistency, risk management, and patience are the real weapons in this market.
MyCryptoParadise
iFeel the success🌴
Want to trade like a PRO without the 15+ year learning curve?
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🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Want to trade like a PRO without the 15+ year learning curve?
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
🫳Steal the edge - follow seasoned team of traders at mycryptoparadise.com (FREE)
✅🎖️Or go full throttle with PRO strategy + killer entry/exit signals - t.me/MCPsupportbot
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.