【$STX Signal】Hold cash and wait for a weak rebound in a downtrend

$STX In a long-term downtrend, the price is weakly oscillating and firmly suppressed below the EMA20 (0.2609). Every rebound encounters selling pressure. The buy volume ratio on the 4H timeframe remains below 0.5, indicating active selling dominance. The deep imbalance (25.98%) points to weak liquidity below, which could trigger further declines.

🎯Direction: Hold cash (NoPosition)

The current structure does not support high-probability long setups: 1) The trend is downward, and the price is below EMA20; 2) Open interest (OI) is stable but the price is falling, indicating unhealthy accumulation; 3) The buy volume ratio is low, with no signs of major buying. Short setups are also immature: lacking funding rate signals, declining OI, and RSI divergence at the top.

From a risk management perspective: wait until the price effectively breaks above EMA20 with rising OI (capital inflow) before considering long positions, or wait for a rebound to the key resistance zone of 0.2600-0.2650, where a positive funding rate and declining OI indicate a top structure, then attempt a short. Currently, the market is in disorderly oscillation with poor risk-reward ratio; staying on the sidelines is the best approach.

Trade here 👇 $STX

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