Technical analysis by Zorroreny about Symbol STMX: Buy recommendation (5/30/2025)
https://sahmeto.com/message/3563416

Zorroreny
Rank: 16388
Analytical Power:
1.4
STMX ready for reversal
:Buy
Price at Publish Time:
$0.002603
Profit Target:
(+133.84%)$0.0060869
Stop Loss Price:
(-32.70%)$0.0017517

STMX is oversold with bullish divergence and pattern similar to XRP before it pumped to ATH. I expect strong bounce from STMX to break local diagonal resistance line and open path to major diagonal resistance line. Move can be violent and break in one go also major diagonal resistance line (like XRP did). DCA profits slowly on the way up - targets of interest are fibb 0.786 pivot, April 2021 pivot at fibb 1.0 and fibb 1.272 extension.
Source Message: TradingView