$STRAX Support Holding Strong, Up 6% This Week! 🚀📈
On the 1h timeframe, $STRAX is currently trading at $0.05953, marking a positive climb of +10.65%! The 24h high is $0.06321, with a healthy trading volume of 122.30M STRAX and 7.00M USDT. The price action shows strong support holding, and it's up by 6% this week.
✅ Key Observation:
#STRAX is showing strong support and positive weekly gains.
Next Potential targets:
🎯 $0.06000 (potential immediate psychological resistance)
🎯 $0.06321 (24h high - next significant resistance)
🎯 $0.06666 (potential further resistance level)
🎯 $0.07000+ (higher potential target if support continues to hold)
**Important: Monitor the $0.05900-$0.05950 support level closely. Consider setting staggered take-profit orders at the target levels.**
🛡️Important Support Level (holding strong):
🛡️ $0.05900 - $0.05950 (current strong support zone)
🛑 Stop Loss:
Consider setting a stop loss below the current support zone, perhaps around $0.05800, to protect against a breakdown.
Buy and trade here on $STRAX