$STRAX /USDT (15m) chart, focusing on the pullback opportunity after the recent bullish breakout:

📉 Market Structure

CHoCH marked the initial sign of reversal from downtrend.

Followed by two clear Breaks of Structure (BoS) confirming bullish trend development.

Recent breakout created a new high above $0.0620, now pulling back.

🟢 Bullish Context & Pullback Zones

Price is pulling back after a strong impulse move.

There are two demand zones to watch:

🟩 Shallow Zone (~$0.0550–$0.0560): Likely target for a small pullback; aligns with recent breakout support.

🟩 Deeper Zone (~$0.0530–$0.0540): Stronger zone, coincides with ascending trendline support.

The overall structure is bullish with a healthy correction underway.

📊 RSI Analysis

RSI has cooled off from overbought levels (>75), now around 54, offering room for another leg up.

No bearish divergence visible, supporting bullish continuation after pullback.

🎯 Trade Setup (Potential Long)

Entry Zone 1: $0.0560 (if bullish reaction shows up — e.g., bullish engulfing).

Entry Zone 2 (stronger): $0.0540.

Stop Loss: Below $0.0530 (structure invalidation).

Take Profit Targets:

TP1: $0.0610 (recent high).

TP2: $0.0635–$0.0640 (extension target).

🧭 Conclusion

STRAX looks like a strong bullish continuation candidate.

Pullback to demand is healthy; watch for reaction at $0.0560 and especially $0.0540.

Ideal for a buy-the-dip setup with a tight invalidation point.