Markets· ★★· bearish·

STX drops 12.28% to $0.31, tests support

  • —STX at $0.3095, session low $0.3084, opened at $0.3532
  • —RSI 37.4 and stochastic 0.7 signal weakness; MACD is bearish
  • —Daily volume $23.7M, 35.87% below the 30-day average
  • —Market cap $561.6M; price below 7-, 30- and 50-day SMAs
Why it matters: The drop lacks a clear catalyst and comes on thin volume, so it does not confirm a reversal until STX reclaims its 50-day SMA.
#STX
Source: DiarioBitcoin
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