$STRAX FLASH SPIKE BUT IS THE RALLY LOSING STEAM❓

$STRAX shot up to $0.06147 earlier but quickly pulled back to $0.05921. The lower timeframes are showing more wicks and indecision, which might mean the rally is running out of steam after that sharp spike.

📉 Short Trade Setup:

• Entry Zone: $0.05950 – $0.06050

• TP1: $0.05710

• TP2: $0.05500

• Stop-Loss: Above $0.06180

If $STRAX gets rejected around $0.0605 again, bears might push the price back to previous demand levels. Keep an eye out for volume drop and price stalling.