$STRAX FLASH SPIKE BUT IS THE RALLY LOSING STEAM❓$STRAX popped to $0.06147 earlier but faced a quick pullback to $0.05921. Lower timeframes are showing increased wicks and indecision, signaling possible exhaustion after the sharp burst.
📉 Short Trade Setup:
• Entry Zone: $0.05950 – $0.06050
• TP1: $0.05710
• TP2: $0.05500
• Stop-Loss: Above $0.06180
If $STRAX gets rejected near $0.0605 again, bears may drive price back down to previous demand levels. Watch closely for volume drop and price stalling.