🚀 $STX
Price Pump – Market Update
ZK is pumping mainly due to a strong technical bounce from a key demand zone 🟢. On the daily chart, price swept liquidity around 0.23–0.25, which also lined up with the lower Bollinger Band, and then showed a sharp rejection 📉➡️📈. This move forced short sellers to exit while attracting dip buyers, pushing price back toward the middle Bollinger Band near 0.31. Bollinger Bands were tightly compressed for several days, so once the breakout happened, volatility expanded quickly ⚡—resulting in fast green candles instead of a slow grind.
📊 Volume confirms the strength of the move, with buying pressure rising above recent averages, showing real market participation rather than a fake spike. At the same time, BTC stability is allowing capital to rotate into altcoins, and the ZK / Layer-2 narrative continues to support momentum 🔥. Short-term structure has turned bullish after a higher low, but this move is still best seen as a relief rally#STX #StrategyBTCPurchase #bullish