$STRAX

/USDT Technical Analysis – Eyes on Key Targets 🎯

STRAX has shown impressive movement, climbing by 9.24% in the past 24 hours. Here's a detailed technical analysis and our three potential targets:

Current Price: $0.0809

24h High: $0.08104

24h Low: $0.06792

Key Levels to Watch:

1️⃣ Target 1 – $0.08400: This is a key resistance level. Breaking above it could signal a bullish breakout, attracting more buying momentum.

2️⃣ Target 2 – $0.07800: A short-term support level to watch. If STRAX dips here, it might present a buying opportunity for those aiming for the next wave up.

3️⃣ Target 3 – $0.07600: A critical lower support level. A fall below this could shift momentum bearish, requiring cautious trading strategies.

Indicators to Note:

RSI: Currently approaching overbought zones, suggesting a potential pullback before another upward surge.

Volume: A significant increase in trading activity (55.04M STRAX), indicating strong market interest.

Community Sentiment: Positive, as STRAX solidifies its position in Layer 1 assets.

Trade wisely and stay tuned for updates!