【$STX Signal】Oversold Rebound Trading: 1H RSI Bottom Divergence Emerges

$STX After forming a long lower shadow at 0.2314 on the 1H chart, the price entered a narrow range consolidation. The RSI(1H) has entered the oversold zone (24.84) and shows signs of bottom divergence. Although the 4H trend is downward, the latest 4H candle closed with a lower shadow, and open interest (OI) remains stable, not sharply decreasing with the price drop, indicating it’s not purely a bull trap and that major players may be accumulating at lower levels. The order book shows a large accumulation of buy orders in the 0.2330-0.2340 range (order book imbalance 8.54%), forming a short-term support wall.

🎯Direction: Long (Long)

🎯Entry/Order: 0.2345 - 0.2355 (Reason: Break above the first dense trading zone upper boundary before the 1H EMA20(0.2418), confirming buying strength)

🛑Stop Loss: 0.2313 (Reason: Break below previous low 0.2314 and strong support wall, invalidating the rebound structure)

🚀Target 1: 0.2410 (Reason: 1H EMA50 resistance and previous small platform bottom)

🚀Target 2: 0.2460 (Reason: Upper boundary of the 4H downward channel and previous accumulation zone)

🛡️Trading Management:

- Position size suggestion: Light (Reason: The 4H trend is still downward, indicating a counter-trend rebound with higher risk)

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold remaining position for Target 2. If the price stalls around 0.2380 with decreasing 1H volume, consider exiting early.

Depth logic: After a sharp decline, open interest remains stable rather than decreasing, combined with negative funding rates, suggesting possible short-term profit-taking by shorts or accumulation by major players at low levels. The 1H RSI is severely oversold, providing a technical rebound basis. The key is whether the price can volume-wise stabilize above 0.2360 (the 1H opening price resistance zone). If broken, it will quickly attract short covering. Currently, this is a typical【Oversold Rebound + Major Player Support】scenario, with a risk-reward ratio >1.5, making it suitable for a small position.

Check real-time market 👇 $STX

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