#Stacks Technical Analysis: Eyeing the All-Time High After Breakout 🚀
🔹 Trend Update: STACKS is in an uptrend, forming HHs & HLs on the HTF, respecting the TL.
🔹 Price Action: $STX price is currently consolidating sideways above the TL & the 50 EMA is flat, indicating sideways movement for now.
🔹 Breakout Level: A breakout above the $2.06 resistance could end the consolidation and push the price higher, possibly testing the All-Time High.
🔹 Trade Idea:
➡️ Current levels are good for long entries.
➡️ For confirmation, wait for a breakout above $2.06 before entering.
