Strategy: Bearish outlook. The current price is close to the trend start point. If the rebound does not effectively break through the tracking line at 0.3788 (resistance), it can be considered a shorting opportunity. Risk: The trend is newly established, and volatility may increase. Watch the first support at 0.3711; a break below could accelerate the trend.
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📊 STX 15-Minute Technical Overview
💰 Current Price: 0.3753 ( Sideways Market )
📈 Trend: **Downtrend Confirmed** | Just Initiated
🎯 Tracking Line: 0.3788 ( Dynamic Stop-Loss Reference )
Key Levels:
Support 0.3711 / 0.3606 / 0.3513
Resistance 0.3894 🔺
Strategy: Bearish outlook. The current price is close to the trend start point. If the rebound does not effectively break through the tracking line at 0.3788 (resistance), it can be considered a shorting opportunity.
Risk: The trend is newly established, and volatility may increase. Watch the first support at 0.3711; a break below could accelerate the trend.