$STRAX

📊 STRAX/USDT Technical Analysis 🚀

Current Price: $0.06125

STRAX/USDT is trading near a critical support level, showing signs of potential movement. The key support at $0.0600 has been holding strong, providing a base for bulls to defend. On the upside, resistance at $0.0630 is the immediate barrier to watch for a breakout.

🔑 Key Levels to Watch:

Support: $0.0600 (holding this level is crucial to avoid further downside).

Resistance: $0.0630 (a breakout could open the door to $0.0660–$0.0700).

📈 Entry Strategy:

Bullish Scenario: A close above $0.0630 with strong volume could drive STRAX toward the $0.0660–$0.0700 range, offering a solid upside opportunity.

Bearish Scenario: A break below $0.0600 may see a pullback to the next support at $0.0580.

🔍 Technical Indicators:

RSI is hovering near neutral levels, reflecting market indecision. Watch for a volume spike to confirm the next move’s direction.

⚠️ Outlook: STRAX is at a turning point. Bulls need to push through $0.0630 for upward momentum, while losing $0.0600 could tilt control to the bears. Keep a close eye—momentum could shift quickly! 📈

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