$STRAX Trading at $0.04868 – Bulls Pushing Against Resistance After Rebound
STRAX is currently trading at $0.04868, having rebounded from recent lows and now facing immediate overhead resistance. The price action here will be crucial in determining if buyers can push higher or if selling pressure will lead to a retreat.
Key Levels:
Resistance: $0.04869 (immediate, recent high), $0.05000 (stronger, psychological resistance)
Support: $0.04841 (immediate, recent low), $0.04779 (24h Low, stronger support)
Trade Setup - Anticipate Volatility!
Bullish Entry: A confirmed move above $0.04869 could target:
Target 1: $0.05000
Target 2: $0.05200 (implied, previous high)
Bearish Entry: A break below $0.04841 could target:
Target 1: $0.04779 (24h Low)
Target 2: $0.04700 (implied, next support)
STRAX/USDT is at a pivotal point. A decisive break above $0.04869 could signal further upside, while a sustained slip below $0.04841 might lead to a deeper retracement.