$STRAX /USDT Analysis - Binance
Current Price: $0.07516
24h Change: +35.30%
has experienced a significant rally of 35.30% over the past 24 hours, with a price high of $0.08469 and a low of $0.05489. The strong uptrend highlights notable market interest and momentum.
Key Data:
24h Volume (STRAX): 400.56M
24h Volume (USDT): 27.38M
15m MA (7): $0.07420
1h MA: $0.078
4h MA: $0.07793
1D MA: $0.07500
Market Sentiment:
STRAX is in a strong bullish phase, as indicated by its impressive 35.30% gain. The short-term moving averages (15-minute, 1-hour, and 4-hour) are reflecting upward momentum, with the 1-hour and 4-hour MAs trending above the current price, signaling the potential for continued growth. The 1D moving average sits at $0.07500, suggesting the price is consolidating around this level.
Support & Resistance Levels:
Support: $0.05489 (24h Low)
Resistance: $0.08469 (24h High)
Price Action Outlook:
STRAX is currently nearing its resistance level at $0.08469, the high for the last 24 hours. If the price breaks above this, we could see a continuation toward the $0.090-$0.095 range.
If STRAX encounters resistance at this level, a pullback toward the $0.075 range or even the $0.070 support zone could be likely before any further upside.
Conclusion:
$STRAX /USDT has demonstrated impressive price action with a 35.30% gain in the last 24 hours. The price is testing resistance around $0.08469, with a potential breakout above this level targeting $0.090-$0.095. Conversely, a rejection at this level may lead to a short-term pullback towards $0.075 or $0.070. Traders should watch for a potential breakout above $0.08469 or a retracement for better entry opportunities.#BinanceAlphaAlert #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall