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$STX Signal】Pullback to Long + 1H Level Bottoming Rebound
$STX The 1H level has formed a double bottom structure around 0.252, and the price is attempting to stabilize above the EMA20(0.2548). Although the 4H cycle is in a downtrend channel, the latest candlestick closed bullish, and the buying volume ratio(0.56) has increased, indicating weakening short-term selling pressure and a technical rebound demand.
🎯Direction: Long (Long)
⚡Entry/Order: 0.2528 - 0.2541
🛑Stop Loss: 0.2495
🚀Target 1: 0.2590
🚀Target 2: 0.2630
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce