$STRAX Price Analysis: Strong Rally with Significant Gains ... Another powerful
$STRAX is currently trading at $0.07561, marking a substantial 27.85% increase in the past 24 hours. The price has rebounded strongly from a low of $0.05545, with bullish momentum propelling it toward critical resistance levels.
Key Levels to Watch:
Support: $0.07200 – Maintaining this level is vital for continued upward momentum.
Resistance: $0.08450 – A breakout above this level could pave the way for further gains.
Trade Setup:
Entry Point: Around $0.07500 to capitalize on bullish momentum.
Targets:
1. $0.08000
2. $0.08500
Risk Management:
Stop-loss: Set at $0.07000 to minimize potential downside.
Market Insight:
$STRAX has shown a strong recovery with increasing trading volume, signaling strong buyer interest. A confirmed breakout above $0.08450 could drive the price higher in the short term. Watch for price action near resistance to confirm the next move.
