🟢 Short Liquidation: $1.12K at $0.2668
STX has seen short liquidation around $0.267, indicating a sharp upside reaction into nearby liquidity. Rather than chasing the move, the better setup is to wait for rejection near resistance.
Entry Zone: $0.265–$0.269
Stop-Loss: $0.275
TP1: $0.258
TP2: $0.251
TP3: $0.244
A failure to hold above $0.269 could signal that the liquidation spike was mainly a liquidity grab. Bearish price action below $0.265 would improve the short setup.
Invalidation: Sustained acceptance above $0.275 cancels the setup.
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