【$STX Signal】Long | Breakout and Retest Confirmation

After completing a V-shaped reversal on the 4-hour chart, $STX is currently consolidating healthily below the previous high resistance zone. The price is tightly range-bound around 0.275, with buyers continuously absorbing selling pressure, forming a buildup before the breakout.

🎯 Direction: Long

🎯 Entry: 0.2730 - 0.2760

🛑 Stop Loss: 0.2650 ( Rigid Stop Loss )

🚀 Target 1: 0.2900

🚀 Target 2: 0.3050

Hardcore Logic: The 4H candlestick chart shows the price rebounded strongly from a low of 0.2595, with consecutive bullish candles and the Buy/Sell Ratio steadily rising from 0.45 to 0.55, indicating demand dominance. Open interest (OI) remains stable, with no signs of short squeeze liquidations, but rather active long position increases pushing prices higher. Taker Buy Volume remains positive, and the funding rate is slightly negative, characteristic of a healthy bullish market, eliminating FOMO overheating risks. The current price repeatedly tests the key level at 0.275, with order book data showing deep buy orders accumulated below (around 0.273-0.274), providing strong support. This is a typical breakout retest confirmation, with a probability advantage pointing to continued upward movement.

Trade here 👇 $STX

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