$STRAX /USDT: Bullish Momentum Building Up.
$STRAX is currently trading at $0.06570, showing an impressive 17.85% gain in the last 24 hours. After recovering from its low of $0.05489, the price has surged, reaching a high of $0.06721, highlighting strong bullish sentiment. This breakout indicates increasing buying pressure, pushing $STRAX closer to its next resistance level.
Key Levels to Watch:
Support: $0.06250
Resistance: $0.06750
Trade Setup:
Entry Point: Around $0.06550
Targets:
1. $0.06800 (short-term)
2. $0.07000 (next target)
Risk Management:
Stop-loss: $0.06000
Monitor $0.06250 for any signs of consolidation or a pullback.
Pro Tip:
Take partial profits at the first target to secure gains and adjust your stop-loss to minimize risks. A breakout above $0.06750 could set the stage for a stronger rally, providing additional opportunities for further gains. Stay alert and plan your trades carefully..