$STRAX

/USDT Bullish Momentum Breakout for a long Position🔥💯📈📊

Current Price: $0.06024 (up by 2.05% in the last hour)

24h High: $0.06341

24h Low: $0.05240

24h Volume (STRAX): 61.01M

24h Volume (USDT): 3.59M

Key Support/Resistance Levels:

Support Level: $0.05240 (24h low) – This could act as a potential entry point if the price retraces to this level.

Resistance Level: $0.06341 (24h high) – A key level to monitor for potential exits.

Entry/Exit Strategy:

Buy Entry: Consider entering around $0.05240 (if the price retraces to this level) or wait for confirmation of a bounce above this level.

Alternatively, a breakout above $0.06024 could signal a potential entry if the price continues to rise.

Exit:

Take Profit (Exit): Around $0.06341 (24h high) or target the $0.061-$0.062 range for a conservative exit.

Stop Loss: Below $0.05240, around $0.05000, to manage risk if the price breaks through the support level.

Market Sentiment:

STRAX has shown a positive trend in the last hour, with a 2.05% increase, suggesting bullish momentum. The price is currently testing the $0.06024 level, so watching for a breakout above this point could provide further confirmation for a long position.

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