$STX

The long liquidation at $0.29695 reflects aggressive downside pressure that flushed leveraged buyers during a volatility spike. Price is now hovering just above an important support zone near $0.285, which has historically acted as a strong reaction level. Holding above this support keeps recovery scenarios in play, with immediate resistance positioned near $0.315 where sellers previously defended aggressively. A breakout above that zone could send price toward the next upside target around $0.342, aligning with earlier consolidation highs. Selling momentum appears to be fading after the liquidation sweep, often signaling a potential rebound phase. If $0.285 fails, a deeper pullback toward $0.262 may occur before stronger buyers step in. Overall structure leans toward short-term stabilization and recovery. $STX ‌