$STRAX /USDT: Bullish Momentum – Eyes on the Next Levels!

The $STRAX /USDT pair has surged by an impressive 30.95%, currently trading at $0.08356. With strong bullish momentum and volume, traders are closely monitoring potential breakout levels.

Current Price: $0.08356

Key Targets:

1. First Target: $0.08678 (Immediate resistance zone)

2. Second Target: $0.09379 (24-hour high and breakout confirmation)

3. Third Target: $0.10000 (Psychological resistance and extended bullish target)

Technical Insights:

Moving Averages:

MA(7) at $0.08627 is acting as near-term resistance.

MA(25) at $0.08084 and MA(99) at $0.07696 provide strong support for continuation.

Support Levels: $0.07876 is the critical support zone to watch for retracements.

Volume: Over 537.56M STRAX traded in the past 24 hours, highlighting significant interest.

Trading Strategy:

Entry Zone: Enter around $0.08250-$0.08350 to position for potential upside.

Profit Booking: Take partial profits at $0.08678 and $0.09379, holding for $0.10000 if momentum sustains.

Stop Loss: Place a stop-loss below $0.07850 to minimize downside risk.

Market Outlook:

$STRAX is showing strong bullish momentum, supported by increasing volume and solid technical indicators. A breakout above $0.09379 could set the stage for a run toward $0.10000.

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