Technical analysis by m_royaei about Symbol STX: Buy recommendation (10/6/2024)

🟢 Here is a LONG opportunity on STX/USDT:Potential Buy Zones: 1- 1.80 $2- 1.65 $3- 1.50 $Potential Sell Zones: 1- 2.17 $ (20%)2- 2.39 $ (32%)3- 3.00 $ (66%)4- 3.46 $ (93%)About Stacks (STX):Stacks (STX) enhances Bitcoin by enabling smart contracts and decentralized applications (DApps) without altering Bitcoin’s core protocol. Using Proof-of-Transfer (PoX), Stacks leverages Bitcoin’s security, enabling scalable and efficient transaction processing. STX tokens are essential for executing smart contracts, processing transactions, and rewarding network participants. The Stacks project is notable for being the first SEC-qualified token offering in the U.S., highlighting its regulatory compliance and potential for wide adoption. DisclaimerThe information provided here should not be construed as financial advice. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. The author is not responsible for any losses or gains resulting from investment activities based on the information provided.