Yes it will break 0.09 zone and will enter 0.10 new zone and its only the game of few hours
Janni Olsson
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Alcista
๐ $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. Letโs analyze the performance and trading opportunities:
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๐ฅ Key Metrics
๐ฐ Current Price: $0.08700 ๐ 24h High: $0.09379 โ A key resistance level that was tested during this rally. ๐ป 24h Low: $0.06318 โ The support zone where the upward momentum began. ๐ 24h Volume:
528.74M STRAX traded
$41.81M USDT in liquidity
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๐ Technical Analysis
๐ Trend: Strong bullish momentum with consistent higher highs. ๐ Support Levels:
$0.083 โ Immediate support to hold gains. ๐ Resistance Levels:
$0.094 โ Breaking this level could open the door to $0.10+.
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๐ก Trading Insights
1๏ธโฃ Short-Term Strategy:
Look for buying opportunities near $0.085โ$0.088 during pullbacks.
Target $0.094โ$0.10 for short-term profits.
2๏ธโฃ Risk Management:
Place stop-loss orders below $0.080 to protect against volatility.
3๏ธโฃ 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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๐ฌ Will STRAX break $0.094 and target $0.10 or higher? Share your insights and strategies below!