Stacks price outlook: STX breaks descending channel as bulls target $0.56 retest after 12% rally

On January 5, 2026, Stacks' STX token jumped more than 12% to trade near $0.38 as Bitcoin climbed toward $94,000. The move followed a breakout above a multi‑month descending channel and the 50‑day simple moving average, with analysts watching $0.56 as a key upside level while warning that overbought RSI could trigger a pullback toward $0.30 or even $0.24.