You analyze too thoroughly. That's impressive. Could you show me how to analyze like you? What knowledge do I need to learn?

To analyze the potential of STRK/USDT rising to $1

1. Technical analysis

a. Current trend:

• Current price: $0.7277, up +3.29% in the last 24 hours.
• Nearest resistance: $0.7486 (peak in the last 24 hours).
• Support: $0.7028 (MA(25)) and $0.6367 (most recent low).

b. Technical indicators:

• MA(7): Price is above the MA(7) line ($0.7196), indicating a positive short-term uptrend.
• MACD: Watch for MACD crossing above the signal line; if it has crossed, this is a strong buy signal.
• RSI:
• If RSI exceeds 70, it may signal overbought (price likely to correct).
• If RSI is between 50-70, momentum is steadily increasing.

c. Trading volume:

• Volume has increased compared to recent averages, confirming strong buying pressure.

2. Price Action analysis:

• Potential to reach $1: For STRK to rise to $1 (an increase of about 37.5% from the current price), it needs:
• Break resistance at $0.7486: This is a crucial milestone determining the uptrend.
• High trading volume: Must maintain large volume, especially at resistance levels.
• Strong support: Price must not break the support at $0.7028 and needs to stay above MA(25).

Scenarios:

• If the price breaks above $0.7486: It may rise to $0.80 and $1 if buying pressure is strong.
• If the price does not break resistance: It may correct to support at $0.7028 or lower.

3. Trading strategy

Buy scenario:

• Entry point:
• Buy around the $0.7200 - $0.7300 range (near MA(7)).
• Or wait for the price to break $0.7500 with high volume.
• Stop Loss:
• Set below $0.7000 (near support).
• Take Profit:
• Short-term: $0.80.
• Long-term: $1 (if market trend is strong).