$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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