Technical analysis by AliferCrypto about Symbol STX: Buy recommendation (4/21/2025)

STXUSDT broke out of its downtrend after printing two Bull RSI Divergences in a row, and retesting a demand zone dating back to 2019.Key Levels to Watch• $0.45: Main Demand Zone, relevant since 2019. A break below it would invalidate the setup.• $1.20: Arguably the most important S/R throughout STX's history, in place since March 2021 and potentially a strong resistance, also currently reinforced by the 200-day EMA. If reclaimed, it would most likely shift the bias to bullish.• $2.70-$3.00: Main Supply Zone to overcome for new ATHs, dating back to April 2021.Definitely worth taking a look at the chart on the monthly timeframe as well, to grasp the full significance of these levels.All things considered, this seems a high-conviction trade, with a clean invalidation and a very good R/R.STX breakout confirmed