$STRAX
š STRAX/USDT Technical Analysis: Price at $0.7722 ā Key Levels to Watch! š„
Currently priced at $0.7722, STRAX/USDT is showing potential for a significant move. Support at $0.7500 is holding steady, and a bounce from here could lead the price toward resistance at $0.8000, where sellers might challenge the rally. A breakout above $0.8000 could trigger a surge toward $0.8500, with even higher targets in sight.
š Indicator Overview:
The RSI is approaching 60, suggesting bullish momentum that could continue if the price breaks resistance.
The MACD shows a positive divergence, hinting at increasing upward pressure.
šÆ Entry Strategy:
Bullish Play: Look for a breakout above $0.8000, targeting $0.8500 with a stop loss around $0.7600.
Bearish Play: If STRAX falls below $0.7500, consider shorting with a target near $0.7200.
With support in place and momentum building, STRAX/USDT could be gearing up for an exciting move. Keep an eye on these levels to capitalize on potential gains! š„
Disclaimer: This is not financial advice. Always perform your own research before making trading decisions.
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