๐จ $STRAX Ignites! +11.44% Surge โ Breaking $0.05 Barrier ๐๐ฅ
Layer 1 is back in the spotlight as STRAX rockets from the depths! Touching a low of $0.04431, it blasted to a 24h high of $0.05000, now consolidating just below at $0.04986 โ with an 11.44% jump in the last 24 hours.
๐ $STRAX Snapshot:
Current Price: $0.04986
24h Range: $0.04431 โ $0.05000
Volume: 43.39M STRAX | 2.06M USDT
Category: Layer 1 | Gainer
๐ง Chart Breakdown (1H View):
โก Breakout confirmed after tight consolidation around $0.045
๐งฑ Resistance hit: $0.05000 โ clean psychological and technical level
๐ฉท Wick rejection at the top signals short-term profit-taking
๐ฏ Support to watch: $0.0475 zone (previous resistance turned support)
โ๏ธ Market Context:
๐ Today: +9.49%
๐ป 7D & 30D: Still down (-2.65% / -6.46%) โ breakout may be early trend reversal
๐ง Order Book Bias: Sellers dominate (60.61%), but buying interest creeping in (39.39%)
๐ฎ Trade Setup Ideas:
Break-and-Retest Traders: Eye a bounce at $0.0475 for entry
Aggressive Longs: Reclaim of $0.05000 with volume โ next resistance likely around $0.052โ$0.054
Cautious Entries: Wait for RSI cooling & retracement confirmation
๐ฏ $STRAX might be prepping for a Layer 1 rotation rally โ if BTC stays steady, we could see continuation. Are we witnessing the bottom formation of a Layer 1 sleeper?
โ ๏ธ Not financial advice โ just Layer 1 insight for degens who read charts! DYOR.
#STRAX #TradingInsights #TradingSignals #ChartAnalysis #Binance