๐ Current Status:
STX is holding at a significant support level.
๐ Potential Downside:
Losing this level could lead to a revisit of $1.80.
$1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone.
๐ฏ Take Profit Targets:
Take Profit 1: $2.50
Take Profit 2: $4.00
๐ฃ Stay attentive to market dynamics and adjust strategies as needed! ๐๐ฑ #STX #TradingAnalysis #CryptoMarket ๐๐ก
STX is holding at a significant support level.
๐ Potential Downside:
Losing this level could lead to a revisit of $1.80.
$1.80 aligns with the previous range high, the 0.618 Fib, and the 200 Day Moving Average (MA), forming a potential bottom and reversal zone.
๐ฏ Take Profit Targets:
Take Profit 1: $2.50
Take Profit 2: $4.00
๐ฃ Stay attentive to market dynamics and adjust strategies as needed! ๐๐ฑ #STX #TradingAnalysis #CryptoMarket ๐๐ก
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