STX price action finding support on the 4hr 200ma

11 באפר׳ 2023

STX posted 4-9-23 +14% gains ... so far
here is another entry idea ( if you missed it ) or to add to entry ( scaling into the trade )
on 4-9-23 hidden bearish div played out and support bounce off of yellow dotted line played out
wait for break of 1.0156 with volume confirmation for entry / or retest of 1.0156
price action finding support on the 4hr 200ma
if price action ( PA ) pulls back and bounces of blue trendline , this would be a nice entry

Market Cap: 1.3B
Category: DeFi / Metaverse

Target 1: 1.2223
Target 2: 1.3965
Target 3: 1.5420
Stop Loss: 0.8475

Manage Risk - have a stop loss in place
Not Financial Advice
This is for Entertainment Only