STX Down 93% From Its ATH: Can A 4,700% Recovery Still Happen?

TLDR: STX’s fake inverse H&S at $3.84 acted as a classic distribution trap for retail liquidity. A 93.64% drawdown reset structure, flushing weak hands via a decisive SSL sweep. Price now sits in a key $0.07–$0.11 demand zone, signaling potential accumulation phase. A reclaim of $0.40 is pivotal to unlock macro upside toward $1–$3.50+ targets. [...]

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