📈 $STRAX STRAX/USDT: A Strong 37.68% Surge in the Layer 1 Space!
The STRAX/USDT pair is making significant strides, trading at $0.08700, with an impressive 37.68% increase in the last 24 hours. Let’s analyze the performance and trading opportunities:
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🔥 Key Metrics
💰 Current Price: $0.08700
🔝 24h High: $0.09379 – A key resistance level that was tested during this rally.
🔻 24h Low: $0.06318 – The support zone where the upward momentum began.
📊 24h Volume:
528.74M STRAX traded
$41.81M USDT in liquidity
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📊 Technical Analysis
🔄 Trend: Strong bullish momentum with consistent higher highs.
📍 Support Levels:
$0.083 – Immediate support to hold gains.
📍 Resistance Levels:
$0.094 – Breaking this level could open the door to $0.10+.
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💡 Trading Insights
1️⃣ Short-Term Strategy:
Look for buying opportunities near $0.085–$0.088 during pullbacks.
Target $0.094–$0.10 for short-term profits.
2️⃣ Risk Management:
Place stop-loss orders below $0.080 to protect against volatility.
3️⃣ Long-Term Potential:
With increased volume and market interest, STRAX could sustain its rally and test higher levels in the coming days.
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💬 Will STRAX break $0.094 and target $0.10 or higher? Share your insights and strategies below!