$STRAX /USDT BULLISH POTENTIAL โ CONSOLIDATION BEFORE BREAKOUT! โก๐
๐ Current Price: $0.04776 (+2.64%)
๐ 24H High: $0.05318
๐ 24H Low: $0.04542
๐ 24H Volume: 194.71M STRAX / $9.52M USDT
๐ TECHNICAL ANALYSIS:
$STRAX is showing early signs of bullish continuation after bouncing from the $0.04540 zone. Although the price is slightly down from the 24H high, the structure remains intact and healthy, forming a rising support trend on the 4H chart.
The current consolidation under $0.05000 indicates accumulation. A breakout above this level, with volume, could push STRAX toward a retest of $0.053 and beyond.
๐ KEY LEVELS TO WATCH:
๐ผ Resistance 1: $0.05000 (psychological + recent supply zone)
๐ผ Resistance 2: $0.05320 (24H High)
๐ฝ Support 1: $0.04550 (solid bounce zone)
๐ฝ Support 2: $0.04350 (major structure support)
๐งญ TRADE SETUP โ LONG IDEA:
๐ฅ Entry Zone: $0.04650 โ $0.04800
๐ฏ Targets:
TP1: $0.05000
TP2: $0.05320
TP3: $0.05650
๐ Stop Loss: $0.04380 (below key structure support)
๐ก RISK MANAGEMENT STRATEGY:
Risk only 2โ3% of your capital
Set SL firmly and trail once TP1 hits
Watch for a volume surge on breakout above $0.050 for added confirmation
๐ข STRAX is building a strong base for a potential breakout โ patient entry within the range could reward well if bulls take control.
#STRAXUSDT #Layer1Tokens #BullishSetup #AltcoinWatch #CryptoSignals #Write2Earn$STRAX