RealMRA

πŸ” STX Coin Analysis πŸ’‘

BINANCE:STXUSDT   Stacks / TetherUS
πŸ“ˆ Let's analyze this cryptocurrency for future trading together.

πŸ•°οΈ Currently, this coin is bullish across all timeframes and is at its price ceiling.

⚑️ To open a position in futures and the four-hour timeframe, after breaking the line 3.2427 and confirmation candle, we can consider initiating a long position.

πŸ” Additionally, in my strategy, this coin is not suitable for entering short positions at the moment. However, if you're interested, you can open risky short positions at points 2.7826 and 2.4328.

⚠️ Any short position should be profit-taken or closed at the earliest opportunity. Conversely, long positions, due to any downward movement, should only be considered as a timeframe correction.

πŸš€ We haven't yet moved towards resistance. If we were moving and the volume increased, you could place a stop-buy order in advance.

πŸ” It's recommended that after opening a position, rather than watching its candlesticks and wasting time, focus on studying the project itself.

πŸ’Ό Also, please remember that I'm just an analyst, and this isn't financial advice. We're here to stay in the market and maximize profits by adhering to risk and capital management principles.
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