STX (STX)

#STX We closed our short position with a 270% profit, may it be prosperous. $BTC continue shorting below 90K, situation may change above. https://t.co/QcmXKHBnCj

#STX We have hit 2X profit, I wish the evaluating friends abundant blessings 🙏 https://t.co/QQy7OWiiwW

$STX is back into a strong demand zone where price has previously reacted with sharp bounces. As long as this area holds, downside looks limited and a relief bounce is possible. DYOR, NFA #STX #STXUSDT https://t.co/HTuRmvrMIY

$STX shows that price completed a multi-year corrective cycle into the 2023 low and has since transitioned into a strong new impulsive advance, confirming progression into higher-degree impulsive waves marked by accelerating upside momentum. Recent price action reflects trend continuation, not exhaustion, as price is extending sharply higher after a brief consolidation and holding well above rising structural trend support, consistent with an ongoing impulsive sequence rather than a completed top. Key support is defined at $104–$108 (0.618 retracement of the most recent impulse), followed by $88–$92 (0.786 retracement / structural support), with major trend support near $75–$80, where the prior consolidation base and rising trendline converge. Overhead resistance sits at $343–$345 (4.236 extension), with interim reaction levels at $236 (2.618), $195 (2.0), $170 (1.618), and $147 (1.272). As long as $STX holds above the $104–$108 region on a weekly closing basis, the primary trend remains decisively bullish, with any pullbacks classified as corrective pauses before potential continuation toward higher Fib extension targets.