šŸšØ $STRAX/USDT Trading Signal šŸšØ

$STRAX

$0.07109

-6.42%

šŸ’” Signal Type: Bearish Momentum

šŸ“Š Timeframe: 4H Chart $STRAX

šŸ”‘ Key Levels to Watch:

Support: $0.068 ā€“ A breakdown below this level could lead to further losses.

Resistance: $0.075 ā€“ A retest of this level may provide short-term resistance.

šŸŽÆ Trade Setup:

Entry Zone: $0.072 - $0.074

Take Profit Levels (TP):

1ļøāƒ£ TP1: $0.065 (-8.5%)

2ļøāƒ£ TP2: $0.060 (-15.5%)

Stop Loss (SL): $0.078 (+8.5%)

šŸ“ Market Insight:

$STRAX has shown a decline of 6.42%, signaling bearish momentum. If the price breaks below the support level at $0.068, further downside targets of $0.065 and $0.060 are possible. Watch for volume confirmation before entering.

šŸ’” Strategy Recommendation:

Enter between $0.072 and $0.074 for a short position.

Secure profits at TP1 and TP2 while trailing the stop-loss for further downside potential.

šŸ“¢ Note: A break above $0.078 could invalidate the bearish setup. Keep an eye on price action for confirmation.