STX is attempting a recovery after shorts were liquidated around $0.2690. Buyers are currently defending $0.265, while immediate resistance is near $0.275. A clean breakout above $0.275 could push STX toward $0.285 and potentially $0.300. Increasing volume would strengthen the breakout signal and could encourage additional short covering. For now, holding $0.265 is important for the bullish structure. A decisive breakdown below that level would indicate that the liquidation-driven bounce is losing momentum.
Support: $0.265
Resistance: $0.275
Next Targets: $0.285 → $0.300
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