STX (Stacks) – Bigger Picture: Uptrend/Bullish Continuation3-Day Timeframe
Current Price: $1.00
STX has retraced over 70% from its all-time high of $3.80, indicating a deep correction phase that may now be reaching exhaustion.If the price breaks out of this falling channel, which is often a bullish reversal signal. This breakout, if sustained, could set the stage for a move toward previous all-time highs and beyond.
🚀 Bullish Targets (TP):
$2.60 – Previous resistance level
$3.70 – Near the all-time high
$5.20 – Extended target on strong momentum
Invalidation Level:
The bullish thesis is invalidated if price falls below $0.80, signaling potential continuation of the downtrend.
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Stacks
Trade active
Double bottoming on previous price around 0.6$stacks #stx is ready for higher prices
Current price: 0.91
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.