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$STX Signal】1H Breakout and Retest Confirmation, Bull Trap Rebound
$STX The 1H timeframe price has stabilized above the short-term moving averages, currently in a healthy retest phase after the breakout. The 4H timeframe shows a consolidation bottoming structure, with the price supported multiple times above 0.2500. The current 1H RSI momentum is healthy, buying depth is significantly solid, and support levels are dense, providing a good risk-reward ratio for short-term trading.
🎯Direction: Long
⚡Entry/Order: 0.2558 - 0.2569
🛑Stop Loss: 0.2535
🚀Target 1: 0.2610
🚀Target 2: 0.2650
🛡️Trade