【$STX Signal】Pullback to Long! 1H RSI Bottom Divergence, Strong Market Support

$STX The 1H timeframe is oscillating around a critical support zone (0.263-0.264), forming a base. RSI shows bottom divergence signals, and market buy depth is significantly solid. Although the 4H timeframe is in a downtrend channel, it is approaching the lower end of a previous dense trading area, indicating weakening bearish momentum. Open interest remains stable, with no signs of panic selling, and signs of main force defending the market are emerging. This is a typical pullback entry point for a long position.

🎯Direction: Go Long (Long)

🎯Entry/Order: 0.2635 - 0.2645 (Reason: 1H support zone, market buy order cluster )

🛑Stop Loss: 0.2600 (Reason: Break below recent 4H low and key round number )

🚀Target 1: 0.2700 (Reason: 1H EMA50 and previous small platform resistance )

🚀Target 2: 0.2750 (Reason: 4H EMA20 and previous high resistance )

🛡️Trade Management:

- Position Size: Light (Reason: 4H trend has not fully reversed, indicating a left-side game )

- Execution Strategy: After reaching Target 1, move stop loss to entry point (break-even). For remaining position, target Target 2. If the 1H candle closes below 0.2620 (lower boundary of entry zone), exit early.

Depth Logic: Currently, the 1H RSI (41.4) shows bottom divergence with price, indicating weakening downward momentum. Market depth shows large buy orders in the 0.263-0.264 range (over 700,000 USDT), forming a strong support wall. Although the 4H trend is bearish, the rebound momentum on the 1H is building. Stable open interest suggests not main force offloading, but bulls defending key levels. Funding rate is slightly positive, with no risk of excessive long positions.

Trade here 👇 $STX

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