$STRK

Based on the analysis of the STRK/USDT chart, I have the following observations and recommendations:

Technical Analysis:

Based on the analysis of the STRK/USDT chart, I have the following observations and recommendations:

Technical Analysis:

The price is in a strong upward trend, having increased from the range of 0.53 to 0.71 (+34%) in the past 10 days.

The MA lines are positively diverging, with MA20 above MA50.

RSI is at the 75 level, indicating that the market is in the overbought zone.

Trading volume has increased significantly in recent sessions.

Trading Scenarios:

Scenario 1 (60% probability):

The price may correct to the support range of 0.65-0.67 (MA20 zone).

Entry point: 0.65-0.67

Take profit: 0.72-0.75

Stop loss: 0.63

Scenario 2 (40% probability):

The price continues to trend upward testing the range of 0.75-0.78.

Entry point: Break out above 0.72 with increased volume.

Take profit: 0.75-0.78

Stop loss: 0.69

Note:

RSI is in the overbought zone, high risk of correction.

It is advisable to wait for the price to correct to the support range for a better entry point.

Manage risks with a minimum R:R ratio of 1:2.

Monitor volume to confirm the trend.

It is recommended to set a stop loss in advance to limit risks.

👍 if you 🤑 okay. The 🤟 is 🤙 of mine 😅🤑🙊