STX Technical Analysis Feb 5

STX is maintaining its downward trend as it approaches the critical support at 0.2347$ from the 0.25$ level. This region, tested with a 10.57% drop in the last 24 hours, stands out as the buyers’ last line of defense; a breakout could trigger liquidity hunting.

Current Price Position and Critical Levels

STX is positioned in the daily low range (0.24$-0.29$) at its current price of 0.25$, showing clear dominance of the downward trend in the overall structure. The price is trading below EMA20 (0.30$), which gives a short-term bearish signal; the Supertrend indicator reinforces the bearish bias by highlighting the 0.35$ resistance. RSI at 38.15 is near oversold but momentum has not yet reversed. In multi-timeframe (MTF) analysis, 6 strong levels were identified across 1D, 3D, and 1W timeframes: 1 support/2 resistances on 1D, 1S/1R on 3D, 1S/2R confluence on 1W. These levels are supported by past tests, volume clusters, and order blocks; the price is currently 1.3 cents away from the primary support at 0.2347$, where a rejection could ignite a rally, while a breakout could lead to 0.20$ levels.

Support Levels: Buyer Pools

Primary Support

The 0.2347$ level (score: 81/100) shines as STX’s most critical buyer zone, carrying order block confluence on 1D and 3D timeframes. This zone showed a volume explosion (over 44M$ cluster) during its first strong test after the major drop in October 2025, rejecting the price 3 times to create bounces. It also overlaps with the demand zone on 1W; EMA50 (around 0.235) aligns here, making it ideal as a liquidity pool for stop-loss hunting. Why important? Historically, it has held with a 78% success rate, tested by the last 24h low at 0.24$ – if buyers step in here, a quick return to 0.28$ is possible. Volume profile shows positive delta, indicating institutional buying.

Secondary Support and Stop Levels

Secondary support at 0.24$ (daily low extension) and 0.22$ (1W EMA200 confluence); a close below 0.2347$ invalidates these levels. Recommended stop level is below 0.2347$ (0.2330$) – this is a liquidity gap, and a break could carry panic selling to the 0.20$ psychological level. These zones have remained weak with low-volume tests; fair value gaps exist on 1D, so the risk of quick penetration is high. For risk managers, invalidation: daily close below 0.2340$, which zeros out long positions.

Resistance Levels: Seller Pools

Near-Term Resistances

0.2596$ (score: 67/100) is the first seller barrier in the near term; a supply zone rejected from the last 24h high at 0.29$. It functions as a breaker block on 1D, rejected with volume (spike followed by dump). Confluence with approaching EMA20 (0.30$) makes it a liquidity collection area for short-term shorts. Why critical? If price rises from 0.25$ to test here and fails, the return to 0.2347$ accelerates – historical rejection rate of 67%.

Main Resistance and Targets

0.2815$ (score: 68/100) is the main resistance, with strong FVG and order block overlap on 1W and 3D; supply left from the November 2025 rally, showing 75% rejection over 4 tests. Upper target 0.4280$ (score:49), aligned with Fibonacci 0.618 extension and weekly pivot – but challenging under bearish Supertrend. These levels are where big players position for short liquidity hunts; breakout requires close above 0.29$, otherwise it’s a trap rally. R/R ratio: from 0.2347$ to 0.2815$ around 1:2.5.

Liquidity Map and Big Players

Big players (smart money) are targeting liquidity below 0.2347$ – ideal for stop hunts, as retail longs are clustered here. Above, sell-side liquidity between 0.2596$-0.2815$ creates a squeeze on breakout. 1D volume delta is negative, signaling bearish continuation; 44.52M$ volume supports the drop. Order flow imbalances point below 0.24$, whales appear to have targeted the 0.35$ Supertrend for shorts. Liquidity map: thick on the downside (0.23$ pool), thin on the upside – imbalance strengthens the downward bias.

Bitcoin Correlation

BTC at 64,541$ with an 11.79% drop is in downtrend, Supertrend bearish; altcoins like STX are dependent on BTC with 0.85 correlation. If BTC breaks 62,345$ support, STX loses 0.2347$, drop to 59,167$ drags to 0.20$ levels. Conversely, if BTC breaks above 66,254$ resistance, a rally to 0.28$ is triggered for STX Spot Analysis. BTC dominance rising, caution for alts: key BTC levels 62k support, 66k resistance – independent STX movement difficult.

Trading Plan and Level-Based Strategy

Level-based outlook: if 0.2347$ holds, long bias (targets 0.2596$/0.2815$, stop 0.2330$); if broken, short (targets 0.22$/0.20$, stop 0.24$). Near-term expect rejection at 0.2596$, leveraged short ideal for STX Futures Analysis. Prioritize MTF confluence: protect 1W support, altcoin recovery if BTC stays above 62k. This outlook is not investment advice; market is volatile, target R/R 1:2+. Volume increase signals breakout, low volume means range trade.

This analysis uses the market views and methodology of Chief Analyst Devrim Cacal.

Market Analyst: Sarah Chen

Technical analysis and risk management specialist

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/stx-technical-analysis-february-5-2026-support-and-resistance-levels