$STRAX /USDT Analysis: Bullish Surge Continuing
$STRAX /USDT is currently trading at $0.08974, reflecting a significant 21.04% gain. The price has broken key resistance levels, signaling strong bullish momentum.
Support Levels:
$0.085: Immediate support level to watch for pullbacks.
$0.078: A critical zone for maintaining bullish momentum.
Resistance Levels:
$0.099: Immediate resistance that could cap further upside.
$0.105: A crucial level to confirm extended bullish trends.
Trading Insights:
For Bulls: Consider entries on pullbacks near $0.085, with targets set at $0.099 and $0.105.
For Bears: Watch for signs of rejection near $0.099 to initiate short positions, targeting $0.085.
With RSI showing overbought conditions, a pullback could occur before another rally. Monitor volume trends for confirmation of sustained movement.