STX/USDT It shows a strong bounce and Bullish momentum for STX!

💎 Paradisers, #STX is indeed a coin worth closely monitoring.

💎 With a strong bounce from the support area accompanied by a significant green candle, STX is showing signs of bullish momentum, supported further by a MACD golden cross and bullish divergence.

💎 The next step for STX is to break above the resistance trendline to sustain its upward movement and potentially test our target strong resistance area.

💎 However, if STX fails to break above the resistance, there's a possibility of it retracing back to test the support around $2.06. STX must bounce from this level to maintain its bullish trajectory.

💎 Failure to bounce and hold above this support could lead to a breakdown, signaling a bearish turn. In such a scenario, the next level to watch would be the demand area around $1.74.

💎 Should STX reach the demand area, it needs to bounce and reclaim a position above the $2.06 support to resume its upward movement. However, if STX fails to bounce and breaks below the demand area, it could confirm a continuation of the downward trend, indicating further potential losses.

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