$STRK USDT
#STRK/USDT Bullish trend analysis
The price has been in a consolidative phase within the weekly resistance range of $1.33 to $1.40.
The recent price movement shows an attempt to break out of this range.
If the price breaks above $1.40, it could signal a bullish continuation towards higher targets like $1.51 and $1.676.
Primary Support: Located at $1.128.
Immediate Support: This is shown as a trendline moving upwards, intersecting current price levels around $1.20 to $1.28.
Weekly Resistance: Range from $1.33 to $1.40.
Primary Resistance: Located at $1.678.
Other Significant Levels:
$1.40 (Resistance)
$1.51 (Target after breakout)
$1.676 (Primary Resistance)
A successful breakout at $1.40 could propel the price towards $1.51 initially.
Further targets include $1.676 and $1.678 if bullish momentum sustains.
The chart suggests a consolidative phase with potential bullish breakout scenarios. Key levels to watch are $1.40 for breakout confirmation and $1.128 for support. The overall outlook remains bullish as long as the price stays above the immediate support trendline and primary support level at $1.128.
DYOR
Not Financial Advice
