$STRAX
/USDT Technical Analysis and Trade Signal🔥💯
Current Price: $0.09085
Momentum: Bullish (15.69% price increase in 24 hours with strong volume support)
Key Indicators:
Support Level: $0.07886
Resistance Level: $0.09200
Moving Averages (Short-Term): Bullish crossover indicates potential continuation of upward momentum.
RSI: Around 70 (close to overbought, signaling caution for new entries).
Trade Signal:
Entry Zone: $0.08900 - $0.09050 (Wait for slight retracement before entering)
Stop Loss: $0.07850 (Below key support level)
Target 🎯 Levels:
1. 🎯 Target 1: $0.09300
2. 🎯 Target 2: $0.09650
3. 🎯 Target 3: $0.10000
Momentum:
Strong Bullish: Favorable trade backed by high trading volume and significant price increase.
Monitor RSI for potential overbought conditions at higher levels.
Trade carefully and adjust levels based on market behavior.