đ Technical Analysis: $STRAX
/USDT - Key Targets to Watch
STRAX/USDT has been gaining momentum recently, with a solid +21.60% rise in the last 24 hours. With its current price at $0.06745, this asset is showing strong potential for short-term growth. Here's a breakdown of the key levels to watch:
đ Support Levels:
$0.06000: Strong support is forming at this level, providing a solid base for any pullbacks.
$0.05489: The 24-hour low, this level may act as a crucial point of defense in case of any significant dips.
đŻ Target 1: $0.07000: The immediate short-term resistance target. If STRAX breaks through this level, we could see further bullish momentum towards the higher resistance zone.
đŻ Target 2: $0.07500: A key level to watch for potential breakout. If STRAX continues its upward movement, this could be the next significant resistance area.
đŻ Target 3: $0.08000: A longer-term target, representing a major psychological barrier. A strong close above this price could signal the start of a new bullish phase for STRAX.
đź Conclusion: STRAX/USDT is showing promising upward movement. However, traders should monitor these targets closely for possible price action and set appropriate risk management strategies.
Stay tuned for more updates and analysis! đđ
This technical analysis can provide valuable insight into potential price movements, while keeping traders informed about key levels and targets.