$STRAX /USD: MONITORING A BREAKOUT OR A PULLBACK!
The pair $STRAX /USD is currently trading at $0.08417, hovering near key support and resistance levels. With market conditions favorable for a potential move, traders should be cautious of signs of a breakout or a correction.
Trading scenario:
Entry point: $0.08417Take profit (TP) 1: $0.08600Take profit (TP) 2: $0.08800Take profit (TP) 3: $0.09000Stop loss (SL): $0.08200Support at $0.08200, while resistance at $0.08600. A breakout above $0.08600 could push the price up to $0.08800 and $0.09000. However, a break below $0.08200 could indicate bearish sentiment and a potential downward move.
Market outlook: STRAX is testing a crucial support level at $0.08200. A bounce from this area could lead to upward momentum, targeting $0.08600 and beyond. Failing to hold the support could signal a risk of deeper declines. If you find this analysis helpful, don't forget to like, comment, and follow for updates. Do you have a coin pair you want to be evaluated? Leave it in the comments for a detailed analysis!
#USJoblessClaimsDrop #BinanceAlphaAlert #BNBBhutanReserves #AIMarketCapDip #USJoblessClaimsDrop #BinanceAlphaAlert #BNBBhutanReserves #AIMarketCapDip #Write2Earn $STRAX