$STRAX /USDT data.Based on what you provided, here's a quick intraday trade setup using support/resistance and moving average (MA60) on the 15m–1h timeframe:
STRAX/USDT Intraday Trade Setup
Current Price: $0.05446
MA60: $0.05430 (15m basis – acting as dynamic support/resistance)
Support Zone:
$0.05380 – $0.05400 (recent 24h low around $0.05314 adds strength)
Resistance Zone:
$0.05480 – $0.05850 (24h high = $0.05859, psychological zone at $0.055)
Trade Plan
Option 1: Bounce Trade (Safer Entry)
Buy: $0.05400 – $0.05420 (on pullback or near MA60 if holds)
Stop Loss: Below $0.05350
Take Profit Targets:
TP1: $0.05500
TP2: $0.05620
TP3: $0.05780
Option 2: Breakout Trade
Buy breakout: Above $0.05500 with strong volume
Stop Loss: $0.05440 (below breakout structure)
Targets:
TP1: $0.05650
TP2: $0.05820 (test of high)
Extra Confirmation Tools
Look for RSI > 50 on 15m and 1h
Bullish crossover on MACD (15m or 1h)
Watch order book for strong bids near $0.05400
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