šŸ“ˆ $STRAX STRAX/USDT: A Strong 37.68% Surge in the Layer 1 Space!

The STRAX/USDT pair is making significant strides, trading at $0.08700, with an impressive 37.68% increase in the last 24 hours. Letā€™s analyze the performance and trading opportunities:

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šŸ”„ Key Metrics

šŸ’° Current Price: $0.08700

šŸ” 24h High: $0.09379 ā€“ A key resistance level that was tested during this rally.

šŸ”» 24h Low: $0.06318 ā€“ The support zone where the upward momentum began.

šŸ“Š 24h Volume:

528.74M STRAX traded

$41.81M USDT in liquidity

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šŸ“Š Technical Analysis

šŸ”„ Trend: Strong bullish momentum with consistent higher highs.

šŸ“ Support Levels:

$0.083 ā€“ Immediate support to hold gains.

šŸ“ Resistance Levels:

$0.094 ā€“ Breaking this level could open the door to $0.10+.

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šŸ’” Trading Insights

1ļøāƒ£ Short-Term Strategy:

Look for buying opportunities near $0.085ā€“$0.088 during pullbacks.

Target $0.094ā€“$0.10 for short-term profits.

2ļøāƒ£ Risk Management:

Place stop-loss orders below $0.080 to protect against volatility.

3ļøāƒ£ Long-Term Potential:

With increased volume and market interest, STRAX could sustain its rally and test higher levels in the coming days.

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šŸ’¬ Will STRAX break $0.094 and target $0.10 or higher? Share your insights and strategies below!

#STRAX #CryptoTrading #Binance #Layer1 #BullishRun