$STRAX – Microcap Momentum Play Brewing?

Eyes on STRAX, the Layer 1 underdog is making some serious noise!

Current Price: $0.05448

24H Move: +2.99%

24H High/Low: $0.05648 / $0.05126

24H Volume: 78.33M STRAX – Heavy rotation alert!

After a sharp dip to $0.05126, $STRAX rebounded strongly and tapped resistance at $0.05648. This range is becoming a trader’s paradise — tight structure, clean swings, and rising volume.

Why STRAX deserves a closer look:

Short-term momentum building — 3.36% daily gain with bullish 1H candles.

Strong rebound zone at $0.051–$0.052, with higher lows suggesting accumulation.

Order book sentiment: 64% buy-side interest – bulls are waking up.

Volume spike implies whales or institutions could be scaling in quietly.

Caution Zone?

Larger timeframes (90D/180D) still show negative returns, so this is a short-term trader’s setup, not a long hold yet.

Trading Signal:

Look for a breakout above $0.0565 with strong volume for confirmation.

Pullback entries near $0.0525–$0.0530 with stop-loss under $0.0505.

Bottom Line:

$STRAX is showing all the signs of a potential breakout candidate — liquidity, buyer strength, and a clean technical setup. If momentum continues, we could see it test $0.058–$0.060 in the short term.

Disclaimer: This is not financial advice. Always do your own research before trading. Crypto is volatile — manage risk and protect your capital.

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