STX Technical Analysis Update: The bullish descending wedge has successfully broken out and is currently in the retest phase. If the retest level provides effective support, a strong upward trend is expected to form within the next few days, targeting the 0.7000 USD level. This wedge breakout combined with a successful retest pattern typically triggers a considerable rally. Future focus should be on trading volume and the resistance at the 0.7 level. Related assets such as ETH, BNB, and other mainstream cryptocurrencies' movements are also worth monitoring, as there may be a linked effect.
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QuorumVoter
· 01-08 08:28
The STX breakout looks good. If the retest holds, 0.7 shouldn't be a problem. I'm just worried about the trading volume not cooperating.
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rugdoc.eth
· 01-07 14:52
Wedge breakout and retest, I've seen this combo too many times, but it doesn't always work every time.
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HalfPositionRunner
· 01-06 01:22
Can STX hold steady this time? The key is whether it can successfully test that level. If it really breaks through 0.7, the mainstream coins will definitely move in tandem.
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RektButStillHere
· 01-05 11:52
Wedge breakout retest, this move has some substance, watch it at 0.7.
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ShamedApeSeller
· 01-05 11:52
S wedge breakout? Sounds good, but I don't know if it can hold up.
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SignatureLiquidator
· 01-05 11:50
I have to remind myself repeatedly not to be fooled by this pattern. No matter how many times the wedge breaks out, it always says it will go to 0.7. But the real question is whether it can hold steady during this retracement.
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0xOverleveraged
· 01-05 11:49
Wedge breakout retest, this combo sounds good, but I'm worried it won't break 0.7 and will plunge again.
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AirdropHunter9000
· 01-05 11:44
Wedge breakout retest, I've seen this move too many times, but I still need to wait for the volume response before trusting it.
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CryptoPhoenix
· 01-05 11:43
The wedge breakout retests support. If we can hold steady this time, we can truly be reborn. $0.7 is not a dream. The key is to keep a good mindset and believe, brothers.
STX Technical Analysis Update: The bullish descending wedge has successfully broken out and is currently in the retest phase. If the retest level provides effective support, a strong upward trend is expected to form within the next few days, targeting the 0.7000 USD level. This wedge breakout combined with a successful retest pattern typically triggers a considerable rally. Future focus should be on trading volume and the resistance at the 0.7 level. Related assets such as ETH, BNB, and other mainstream cryptocurrencies' movements are also worth monitoring, as there may be a linked effect.