Stacks rallies 26% on PoX-6 news as ADX confirms strong trend
Stacks (STX)
Editor:
Eugene Serbin
tradersunion.com reports that Stacks (STX) has climbed more than 26% in the past week to trade near $0.40, driven by corporate developments and protocol upgrades. The uptrend follows a leadership change at Stacks Labs and progress on planned upgrades, specifically the unveiling of the PoX-6 protocol by CTO Adriano Di Luzio. This announcement, alongside continued momentum from the PoX-5 phase, has boosted sentiment and on-chain participation.
Technical indicators support this trending structure, with the Average Directional Index (ADX) at 44.1204 confirming strong trend strength. The Moving Average Convergence Divergence (MACD) is giving a Buy signal, while the Relative Strength Index (RSI) sits at 66.2734 and the Commodity Channel Index (CCI) is at 92.1744. These readings suggest momentum is robust but approaching overbought territory.
Volatility was elevated at 18.04%, underlining the sustained move higher with a firm trend. Immediate support is identified at $0.3509, with resistance standing at $0.4142. The expected trading range for the week is $0.365 to $0.4319.
There is a very high probability of further gains, with a base case of consolidation or upward trending above the support level. A sustained move above $0.4142 would open higher targets, while a break below $0.3509 would put the recent advance at risk. Analysts noted that Stacks is demonstrating a robust uptrend supported by strong technical momentum and sustained buying activity.
How the market reacted
Whalio's own Binance spot order flow for STX, measured when this story was written up on 7 October 2026. Not the outlet's figures.
Whalio data shows STX trading at $0.3844, with a 24-hour buy ratio of 53.0% indicating a slight edge for buyers over the full day. However, the 1-hour buy ratio has dropped to 43.1%, suggesting that short-term buying pressure is fading compared to the longer-term trend. The 4-hour buy ratio sits at 50.5%, showing a near-even split in the medium term. Volume Delta for the 24-hour period is positive at +$84,596, indicating net buying pressure over the day, though the 1-hour delta is negative at -$37,466. This divergence suggests that while buyers have dominated the day, recent activity has seen more selling than buying. Cumulative Volume Delta (CVD) for the 24-hour close is -$163,961, indicating that despite the buy ratio, larger sell orders have outweighed buy orders in terms of volume impact. Spot volume for the day was $1,406,178 across 16,439 trades. Net buying occurred for 13 out of 24 hours, showing inconsistent participation throughout the day.
The latest daily buy ratio of 53.8% sits at the 79th percentile of the last 322 days, against a median of 50.8% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for STX, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 53.2%, which is slightly higher than the current 24-hour ratio of 53.0%. This indicates that today's buying pressure is consistent with the weekly average, differing by only 0.1 points. Volume on this day was 0.33x the weekly average, meaning trading activity is significantly lower than usual for this period. The coin has seen a price change of +21.3% over the last 8 days, with a total Volume Delta of +$1,133,845. Net buying occurred for all 7 days of the week, showing consistent upward pressure over the longer term. This represents an unusual day in terms of volume, as it is less than half the average, despite the price gains.