$STX Short-Term Pullback, Structure Still Bullish
STX
0.2466
+8.82%
STX just made a strong impulsive move and is now pulling back from the local high, which looks more like profit-taking than a trend reversal. The higher-low structure is still intact, and price is hovering near a key intraday support zone. If buyers continue to defend this area, the move suggests a healthy reset before another attempt to push higher rather than a breakdown.
Trade Setup: Long
Entry Zone: 0.370 – 0.374
Target 1: 0.390
Target 2: 0.410
Target 3: 0.440
Stop-Loss: 0.360