$STRAX 💰🤑🔥💯
/USDT Technical Analysis – Momentum on the Rise!
Current Price: $0.08991 (+20.46%)
Timeframe: 1h, 4h, 1D
Key Levels to Watch:
Resistance: $0.10000 – A breakout above this level could signal further bullish momentum.
Support: $0.08500 – A crucial level to maintain for the current uptrend.
Indicators:
RSI: Showing strong buying pressure but nearing overbought territory.
Moving Averages: STRAX is trading above its 50-EMA, suggesting continued upward momentum.
Volume Analysis:
24h Volume: 453.41M STRAX ($39.00M USDT) – High trading activity indicates strong market interest.
Market Sentiment:
STRAX/USDT has gained significant traction in the last 24 hours, with price surges of over 20%. The bullish momentum stems from its position as a Layer 1 solution, attracting investor confidence.
Trading Tip:
Watch for a potential retest of the $0.10000 level. A confirmed breakout could lead to new highs, while failure to sustain momentum might push prices back toward $0.08500 support.
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