【$STX Signal】1H timeframe is building momentum, multi-timeframe resonance imminent, aiming for a breakout!

$STX The 1H timeframe is oscillating narrowly around the critical EMA (EMA20_1H: 0.2547), with prices compressed within a very tight range of 0.2543-0.2567. This is a typical pre-breakout buildup. Although the 4H timeframe is still in consolidation, the latest 4H candlestick closed bullish with buying volume increasing, open interest stable, indicating support below. The current 1H RSI (50.17) is neutral, leaving room for an upward breakout. The order book shows an unusually thick buy depth (at 0.2529), a clear signal of main force protecting the market.

🎯Direction: Long (Long)

🎯Entry/Order: Aggressive traders can try a small position near the current price of 0.2545 (Reason: 1H EMA20 support + strong buy depth). Conservative traders wait for a breakout above 0.2567 to chase longs (Reason: break above the upper boundary of the 1H consolidation zone).

🛑Stop Loss: 0.2525 (Reason: breaking below key support zone in order book + near previous low).

🚀Target 1: 0.2600 (Reason: previous high resistance on 4H timeframe).

🚀Target 2: 0.2650 (Reason: daily downtrend line resistance and 1.618 Fibonacci extension level).

🛡️Trading Management:

- Position size suggestion: Small position (Reason: overall trend is not fully clear, belongs to a left-side game).

- Execution strategy: If entering at current price, reduce position by 50% at Target 1, and move stop loss to entry price. If chasing after a breakout, also reduce at Target 1 and move stop loss to 0.2560 (below the breakout level).

Depth logic: Market logic indicates a price rise, combined with stable open interest rather than decreasing, ruling out short squeeze. It appears that main force is supporting and accumulating at key levels. The 1H EMA20 and EMA50 are about to form a golden cross, signaling short-term momentum strengthening. Funding rate (0.0037%) is healthy, with no signs of overheating. The key is whether volume can break through 0.2567; once broken, upward space will open.

View real-time market 👇 $STX

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