$STRAX Price Analysis & Target for Binance🥷👽😎
The $STRAX /USDT pair has shown impressive performance over the past 24 hours, rising by +28.80%, currently trading at $0.09406. The 24-hour high reached $0.09418, while the low was $0.06990. The total 24-hour volume stands at 497.94M STRAX and 39.22M USDT, indicating strong market activity and liquidity.
Key Technical Indicators:
Current Price: $0.09406
7-period MA: $0.09056
25-period MA: $0.08626
99-period MA: $0.08224
The price is trading well above all major moving averages, signaling a bullish trend. The 7-period MA of $0.09056 is above the 25-period MA of $0.08626 and 99-period MA of $0.08224, reinforcing the ongoing upward momentum.
Market Sentiment & Price Action:
The recent rise above $0.09000 suggests strong buying pressure.
The 24h low at $0.06990 indicates that there is solid support around the $0.07 range, while the 24h high of $0.09418 shows the current resistance level.
STRAX is trading at $0.09406, just below the 24-hour high, which shows a tight price range. The pair has been moving steadily up, indicating a solid bullish outlook.
Binance Market Overview:
On Binance, the $STRAX
/USDT market shows good liquidity with significant trading volume. The resistance around $0.09418 is a key level to watch for further upside potential. A break above this level could trigger more bullish momentum, potentially pushing the price toward the $0.10 range. Conversely, the support around $0.08989 should hold in the short term, as it aligns with the 7-period moving average. A drop below this level could see the price testing lower support at $0.08508 and#CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall
.