STXUSDTPERP is about to breakoutSTXUSDT is about to break on the Futures contract on the 1hr time frame.
Stxusdtlong
Will Stacks continue the rally?The token has seen almost 139% growth since we published our analysis on 7th Feb 2022 ().
The price is above the weekly 50-MA and RSI is above 70 showing upside momentum in the coin.
The coin is showing support @ 0.5399 and resistance @ 1.0474 . Entry can be made with appropriate stop loss.
Note:
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STXUSDT ReboundBINANCE:STXUSDT is looking for rebound from long time trendline at 2 hrs timeframe. You can expect for great returns.
💡Don't miss the great buy opportunity in STXUSD @StacksTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.295).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. STXUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 74.
Take Profits:
TP1= @ 1.595
TP2= @ 1.769
TP3= @ 1.988
TP4= @ 2.195
TP5= @ 2.465
SL= Break below S2
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