【$STX Signal】Pullback to Long: 1H oversold + 4H support, clear signs of main force defending the market

$STX The 1H timeframe has entered a serious oversold zone, RSI has fallen below 31, short-term selling pressure is easing. The 4H price is testing the lower boundary of the previous dense trading zone, open interest remains stable, no signs of panic selling, indicating that the main force may be supporting the market. Market depth shows buy orders far exceeding sell orders, with a significant imbalance, providing liquidity for a rebound.

🎯Direction: Long

⚡Entry/Order: 0.2491 - 0.2516

🛑Stop Loss: 0.2450

🚀Target 1: 0.2580

🚀Target 2: 0.2630

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price fails to break above the 1-hour moving average resistance and falls back, automatically exit at breakeven.

Depth Logic: Although the price has declined, open interest remains stable and funding rates are negative, which is not typical of main force distribution, more like clearing leveraged longs. The 1-hour RSI shows early signs of bullish divergence, with weakening downward momentum. There is a mountain of buy orders in the 0.2500-0.2510 area below, forming a strong support and an excellent accumulation zone. Once the hourly candle forms a bullish engulfing pattern, a rebound will be imminent.

View real-time quotes 👇 $STX

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