Technical analysis by MyCryptoParadise about Symbol STMX: Buy recommendation (2/1/2025)

Yello, Paradisers! Are we about to see a major bounce on STMXUSDT, or is a breakdown lurking? Let’s break it down.💎STMXUSDT has been in a healthy retracement and is now approaching a key support zone. If the price takes inducement and reaches this level, we’ll be watching for bullish price action confirmations—particularly a Bullish I-CHoCH on lower timeframes. This would significantly increase the probability of a bullish move.💎Additionally, if we see a W pattern or an inverse head and shoulders forming in this area, it would further strengthen the bullish case. Stay alert and monitor price action closely.💎However, if STMXUSDT breaks below the strong support zone and closes a candle beneath it, our bullish setup becomes invalid. In this scenario, it’s better to stay patient and wait for a more favorable price action setup.🎖Remember, Paradisers—trading is all about waiting for high-probability setups. Discipline and patience always win in the long run. Stay sharp!MyCryptoParadiseiFeel the success🌴