Markets· ★★· bearish·

Stacks (STX) drops 7.30% to $0.35 on volume half the average

  • —Daily loss of 7.30%, weekly decline 10.28%, but up 109.41% over 90 days
  • —Volume of $19.22 million, 51.96% below the 30-day average
  • —Price sits 90.87% below its all-time high
  • —Support levels: $0.3409 intraday low and $0.3285 Fibonacci level
Why it matters: The decline came without a volume spike, so it does not confirm capitulation; a reclaim of the $0.3636 VWAP is needed to ease near-term pressure.
#STX
Source: DiarioBitcoin
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