$STRAX /USDT: Bullish Momentum Building
$STRAX is currently trading at $0.06570, showing an impressive 17.85% gain in the past 24 hours. After bouncing back from a low of $0.05489, the price surged to a high of $0.06721, reflecting strong bullish sentiment. This breakout signals rising buying pressure, bringing $STRAX closer to its next resistance level.
Key Levels to Watch:
Support: $0.06250
Resistance: $0.06750
Trade Setup:
Entry Point: Around $0.06550
Targets:
1. $0.06800 (short-term)
2. $0.07000 (next target)
Risk Management:
Stop-loss: $0.06000
Monitor the $0.06250 level for signs of consolidation or a potential pullback.
Pro Tip:
Secure partial profits at the first target to lock in gains and adjust your stop-loss to reduce risk. A breakout above $0.06750 could trigger a stronger rally, offering more opportunities for further gains. Stay vigilant and plan your trades carefully.
