š$STRK
BEARISH TECHNICAL ANALYSIS OUTLOOK
$STRK is showing signs of bearish pressure after failing to maintain momentum near 0.2125. Price has formed lower highs and is testing key support levels, indicating that sellers may dominate in the near term. The market structure suggests a potential continuation of the downward move.
ā¢ Trend Outlook:
Bearish continuation likely as price approaches short-term support zones and buying momentum weakens.
ā¢ Indicator Bias:
Momentum indicators confirm weakening bullish strength, supporting further downside.
BEARISH SETUP
Entry: Below 0.2050 (confirmation of breakdown)
TP (Targets):
TP1: 0.2000 (first support)
TP2: 0.1800 (secondary support)
TP3: 0.1600 (major support zone)
SL (Stop Loss):
Above 0.2200 (recent high / resistance)
RISK MANAGEMENT
Risk 1ā2% per trade, use strict SL, and adjust position size according to volatility.