Technical analysis by Risk_Adj_Return about Symbol STX: Buy recommendation (5/22/2025)

Risk_Adj_Return

SXT | Long | Reclaiming VWAP & Eyeing Resistance Zone | (May 22, 2025)1️⃣ Quick Take: SXT is showing strength, climbing toward a key resistance area while holding bullish structure on higher timeframes. Liquidity remains on the bulls' side despite a brief corrective signal on the 30-min chart.2️⃣ Trade Parameters:Bias: LongEntry Zone:✅ Early Entry: Around $0.84✅ Main Entry: $0.74Stop Loss: Below VWAP and recent low – structure-based, ideally near $0.70 zoneTP1: $1.00 (Partial Exit)TP2: $1.37TP3: $1.47🪙 Holding 5% of position for extended move potential3️⃣ Key Notes:SXT bounced from VWAP, showing continuation toward the Value Area Low, POC, and higher resistance levels.Inverse head & shoulders pattern forming – would prefer a dip below VWAP for re-entry confirmation.Order flow shows aggressive spot selling, possibly by a single player. Liquidations noted, but broader sentiment remains long-biased.On higher timeframes, liquidity still supports bullish continuation.Watch overall market mood and correlation with BTC/NQ/SPX for additional confidence.4️⃣ Follow-up: I’ll be monitoring for that re-entry opportunity near VWAP and updating the setup if structure shifts.Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible.Disclaimer: This is not a financial advise. Always conduct your own research. This content may include enhancements made using AI.