STXUSDT: Previous Resistance Acting as Strong Support

STX technical analysis update

STX's price is bouncing from its major support level, with the previous resistance now acting as strong support. Above this support zone, the price has formed a descending channel and is currently trading within it. The price is now moving toward the channel resistance, potentially setting up for a breakout.

Regards
Hexa
Note
STXUSDT 25%+ gain
Note
STX price broke the descending channel in the day chart.

New Buy Setup
snapshot

Chart PatternshexatradesTechnical IndicatorsSTXstxbinanceSTXBTCstxusdSTXUSDTstxusdtanalysisstxusdtlongTrend Analysis

🚀 Join the No. 1 altcoin options exchange and Get 10 USDT trial bonus
coincall.com/r/01111077
💬Telegram: t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Also on:

Related publications

Disclaimer