Trading Signal for $STRAX /USDT

The $STRAX /USDT pair is currently trading at $0.05821, showing a +3.43% increase in the past 24 hours. After reaching a 24-hour high of $0.06392, the price retraced and found short-term support near $0.05440. The RSI (6) at 58.07 suggests mild bullish momentum with room for upward movement.

🚀 Signal:

Entry Price: $0.05750 - $0.05850

Take-Profit Targets:

1. $0.06080 (Resistance level 1)

2. $0.06250 (Resistance level 2)

3. $0.06450 (24-hour high retest)

Stop Loss: $0.05420 (below the key support level)

🛡️ Support Levels:

1. $0.05440 (Critical support)

2. $0.05240 (24-hour low)

📈 Resistance Levels:

1. $0.06080

2. $0.06392

⚠️ Caution:

Watch for confirmation of bullish momentum above $0.06080 or a breakdown below $0.05440 to decide on the next move. Ensure risk management is in place.

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