$STRAX
🚨 STRAX/USDT – Key Levels & Trading Strategy 🚨
STRAX is showing explosive bullish momentum, surging from $0.060 to a peak near $0.075 before facing resistance. The sharp breakout was backed by high trading volume, signaling strong buyer interest. However, the rejection at $0.075 with a long upper wick hints at short-term profit-taking.
📊 Key Levels to Watch:
Resistance: $0.075 – If STRAX breaks and holds above this level, we could see further upside to $0.080 or even $0.084.
Support: $0.070 and $0.065 – Any pullback into these zones could provide buying opportunities for a continuation move.
🎯 Entry Strategy:
Bullish Scenario: Enter on a breakout above $0.075 with rising volume, targeting $0.080-$0.084.
Bearish Scenario: If $0.070 fails, look for a retest of $0.065-$0.060 support for entries.
⚠️ Manage Your Risk: Place a stop-loss below $0.065 to protect your capital.
The momentum is strong, but patience pays. Watch these levels closely – breakouts above resistance or pullbacks into support could be your golden entry! 🔥 Stay sharp and trade smart! 🔥
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