$STRAX /USDT – Bearish Reversal Triggered! Time to Ride the Drop? 🔻

📍 Current Price: $0.05042

📉 24H High / Low: $0.05500 / $0.04431

📊 24H Volume: 119.80M STRAX

📉 Market Structure Insight

After failing to sustain above the $0.05500 resistance, $STRAX is showing signs of exhaustion. The recent 4H bearish engulfing candle with decreasing volume at higher levels signals a potential downside move.

💥 Price action on 1H is forming lower highs, and support at $0.0495 is vulnerable.

🔻 SELL Strategy: Rejection + Breakdown Plan

📌 Entry Zone: $0.0502 – $0.0498 (on breakdown candle close)

🎯 Target 1: $0.0476

🎯 Target 2: $0.0453

🎯 Target 3: $0.0430 (if momentum continues)

🛑 Stoploss: Above $0.0515

📅 Trade Duration: Short-Term (6–12 Hours)

📊 Risk:Reward: Approx 1:2.5

🧠 Bearish Confirmation Signals📈

RSI falling below 50 (momentum shift to sellers)

MACD crossover into red zone with histogram decline

Volume divergence shows $STRAX price going up, volume going down — classic trap

📌 Why Bearish Now?

Failed breakout at $0.055

Candle rejection wicks with lower volume at highs

Price slipping below key EMA zones on the 1H

🧠 “Smart traders don’t catch falling knives — they sharpen them by shorting with a plan.”

⚠️ Disclaimer: This is not financial advice. Always use stoploss and manage risk wisely.

#STRAX #MarketPullback #BinanceAlphaAlert #TradingTypes101 #CEXvsDEX101