$STRAX
/USDT: Layer 1 Gainer – Trade Strategy for Further Gains 💯💥📈
STRAX/USDT is trading at 0.08961 USDT (+23.63%), with notable bullish momentum and significant volume:
High: 0.09486 USDT
Low: 0.06990 USDT
Volume: 484.79M STRAX, 39.57M USDT
STRAX has experienced a strong move, positioning itself as a key player in the Layer 1 space, and presents opportunities for both continuation or a short-term pullback.
Trade Strategy
Key Levels
Support: 0.0850 (near current price).
Resistance: 0.09486 (24h high).
Targets 🎯
🎯 T1: 0.092 (short-term target).
🎯 T2: 0.100 (mid-range target).
🎯 T3: 0.110 (strong breakout level).
Entry Zones
1. Continuation Play: Enter above 0.092 if the bullish momentum persists.
2. Range Play: Buy near 0.0850 (support test).
3. Breakout Entry: Enter above 0.100 for a bullish breakout.
Stop-Loss
Set stop-loss 3-5% below the entry price for effective risk management.
Community Sentiment
STRAX has been receiving strong momentum, driven by its position in the Layer 1 space. Positive sentiment could continue to push it higher, especially with increasing adoption and network activity.
"Watch for potential continuation above 0.092 and manage risk for continued upside in STRAX!"
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