Stacks rose 7.29% in 24 hours and reclaimed the $0.314 local supply zone, before reaching a high of $0.399 and then retreating 22.28% within two hours. The move looks more like a bounce than a sustained recovery, as the drop below $0.30 bearishly changed the technical structure and the $0.314 resistance immediately triggered selling. Another decline below $0.30 would confirm seller strength, while a prolonged Bitcoin recovery could support STX. Increased participation in liquid staking, the Bitcoin staking bonding period expected in the second week of October and the Epoch 4.1 upgrade targeted for early December are the main catalysts to watch. Epoch 4.1 will make Clarity 7 the default version for new smart contracts and add further improvements to the network.
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