Yello Paradisers! Are you ready to catch the next potential move in #STXUSDT? Let's dive into the latest analysis to see where the market might be heading.
💎#STXUSDT has been in a downtrend for several days, consistently forming lower lows and lower highs. However, we've recently observed a trend shift with the market breaking toward the upside and a new high being formed. There's a high probability that the price will revisit the demand zone between $1.72 and $1.622. This area is crucial for potential buyers to step in and push the price higher.
💎Another bullish probability is the formation of a falling wedge pattern. The price has broken out of this pattern and might retest the demand zone before making further upward moves. At $1.912, where we might see some selling pressure.
💎If the price holds at $1.912 and bulls maintain volume, A significant level to watch for potential continuation of the bullish trend. STX at $2.39 will be facing minor resistance ,if volume holds and bulls continue to gain momentum , the price at $3.029 could be a tough barrier to break through in the short term.
💎If the price fails to hold the demand zone and closes below $1.622, the bullish pattern will be invalidated, suggesting potential further downside.
Stay vigilant and ready to adapt to these key levels, Paradisers. This market requires patience and disciplined trading strategies. Trade smart and stay ahead of the game!
MyCryptoParadise
iFeel the success🌴