#STXUSDT is navigating through a falling wedge and moving above the important support and demand areas of $1.750-$1.900

We anticipate this key support level to hold firm, setting the stage for a bullish reversal that could propel the asset toward upper resistance.

However, if #Stacks falters and breaches below the $1.750 support, it may signal an extension of the bearish trend, steering the asset toward the next significant demand zone at $1.6. This level is known for its vigorous liquidity and history of prompting notable upward trends.

#STXUSDT In the long term, the price has managed to stay above an important static trendline of 1.3089 and the price is also moving in an ascending channel, which we expect to be the ceiling of this channel as our main target. Given the strong momentum of the move, we can hope that the price will touch $8.4.

Brace yourselves for an exhilarating opportunity with #STXUSDT! We’ve spotted it navigating through an ascending channel, gearing up for a potential bullish advancement.

In the past, we’ve noticed it maneuvering through a descending channel, whose breakout triggered a notable downward shift. It seems like this asset is scripting a similar narrative, oscillating between ascending and descending channels.