Stacks (STX) Hits a Critical Level: Is $0.40 the Real Challenge?

Stacks (STX) has seen a remarkable surge of 20.8% over the last 24 hours. While it only increased by 5.8% this past week, its price charts indicate that this rise followed a significant pullback. Like Bitcoin (BTC) and other leading altcoins, STX participated in a rally at the onset of 2026.

Key Takeaways

Stacks (STX) has experienced a 20.8% rise in the last 24 hours, following a lengthy price retracement.
Technical indicators suggest that bears still hold the upper hand despite recent gains.
STX is currently trading within a price range between $0.238 and $0.40, with a notable resistance at $0.32.
Traders are encouraged to wait until STX surpasses $0.34 before considering any purchases.

Disclaimer: The information provided in this article is purely informational and does not constitute financial, investment, or trading advice. It reflects only the author's opinions.

Stacks [STX] finds its floor, but $0.40 is the real test

According to AMBCrypto, this upward movement nearly broke a multi-month downtrend, but it fell short of the previous support level—now converted into resistance—at $0.412. The rejection from this resistance level coincided with a broader market decline, as Bitcoin dipped below $84.5k, reaching as low as $74,600 recently. The altcoin, with a market cap of $566 million, is showing strong short-term momentum, yet Stacks buyers have some challenges ahead.

Examining Stacks' Current Trading Phase

STX 1-day Chart

Source: STX/USDT on TradingView

Technical indicators suggest that bears currently dominate the STX market. The Directional Movement Index (DMI) indicates a strong ongoing downtrend on the daily timeframe. Although the Chaikin Money Flow (CMF) remains negative, it has not fallen below the critical threshold of -0.05, which analysts use to assess the significance of capital outflows.

The price action reflects a notable struggle between sellers and buyers. Sellers have primarily controlled the market since August, but a rally in early January temporarily changed this dynamic. As of now, STX is trading below $0.325 once again, but the sustained downtrend seems to have paused. This is further supported by the reaction at the $0.237 support level.

What Lies Ahead for STX?

STX 1-hour Chart

Source: STX/USDT on TradingView

Over the past month, the price trend has formed a range that spans from $0.238 to $0.40, with a midpoint located at $0.32. Currently, STX is approaching this resistance level. Should it surpass $0.32, the supply zone between $0.327 and $0.335 could pose a significant obstacle for bullish traders.

Action Steps for Traders: Wait for Better Entry Points

STX Liquidation Heatmap

Source: CoinGlass

The liquidation map supports the previously identified supply zones. Both $0.34 and $0.40 present potential price magnets. STX may face a bearish response at either level, especially at the upper bound of the month-long range. Therefore, traders are advised to hold off on purchases until STX surpasses the $0.34 mark. Until that happens, exercising patience is crucial.