Stacks (STX) Hits 10-Month High of $1.83 But Faces Risk of 30% Price Drop
• Stacks (STX) price reaches $1.83, its highest level since March 2022, despite the recent crypto market correction
• STX has created 8 straight weekly bullish candlesticks and the weekly RSI is above 50 showing bullish momentum
• STX price moved above key resistance at $1.80 and could reach $2.40 next for a 35% gain if the breakout continues
• There are some signs of weakness like the ascending channel breakdown threat and bearish RSI divergence on the daily chart
• If STX breaks down from the channel, the closest support is at $1.20 which would lead to a 30% price drop