$STRAX

Rallies but Faces Resistance – Will $0.0634 Hold?

Strax is trading at $0.05950, posting a modest gain of 0.93% over the past 24 hours. The token surged to a 24-hour high of $0.06341 before facing resistance, leading to a slight pullback. With strong support near $0.05240, Strax is showing signs of renewed bullish interest, supported by a trading volume of 44.56M Strax.

The RSI at 53.47 reflects balanced momentum, while the MACD shows a slight bullish divergence, hinting at potential further upside. However, the recent retracement indicates that traders are cautious as Strax approaches a critical resistance zone.

A breakout above $0.06341 could ignite a new rally, while failure to hold above $0.05950 may lead to consolidation near support levels. Traders should closely monitor these levels as the next move could determine the short-term trend. #Write2Earn! #Fed25bpRateCut #MarketPullback