Trading Signal Alert: $STRAX /USDT
Overview: $STRAX /USDT has demonstrated strong upward momentum, with a significant 32.65% price increase in the past 24 hours. The price surged from a low of $0.05489 to a high of $0.08469, breaking through multiple resistance levels. The current price is $0.07403, indicating a potential continuation of the bullish trend.
Trading Levels:
Entry: $0.072 - $0.074
Resistance Levels: $0.084 (short-term), $0.090 (medium-term)
Support Levels: $0.067 (short-term), $0.058 (strong support)
Targets:
1. Take-Profit 1: $0.078
2. Take-Profit 2: $0.082
3. Take-Profit 3: $0.090
Stop-Loss: $0.067
Caution: Watch for stability above $0.074 before entering a trade. Overbought conditions (RSI: 89) indicate a potential pullback or consolidation phase. Monitor volume and price action near the resistance levels for a possible breakout or retracement.
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