MSTX – Bulls Preparing a Reversal Move!
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MSTX has been overall bearish
, trading inside a well-defined descending channel.
Recently, price approached the $23 – $24 support area, where buyers started showing signs of activity. This zone could act as a potential turning point if momentum continues.
🟢 Support at $23 – $24: A critical level where bulls may step in.
Upside targets: If buyers take over, the first resistance sits around $33, followed by $36 and higher toward $47 – $50.As long as $23 support holds, bulls
could drive a short-term reversal that turns into a bigger recovery move.Patience
is key — waiting for confirmation before entering can provide a higher-probability setup.
️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
Stick to your trading plan regarding entries, risk, and management.Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr