🔴 $STRAX /USDT SHORT TRADE SIGNAL – SUPPLY ZONE REJECTION AND LOWER HIGH CONFIRMED!
$STRAX is trading at $0.04772 after failing to hold gains above the $0.05000 psychological level. The 4H chart reveals a sharp wick rejection near $0.05400 followed by consistent lower highs, confirming weakness and a likely continuation to the downside.
TRADE SETUP (SHORT):
Entry Price: $0.04780 – $0.04850
Target 1: $0.04520
Target 2: $0.04280
Stop Loss: $0.05030
WHY SHORT?
The sharp reversal from the upper wick at $0.05400 signals heavy seller presence. Price is struggling to reclaim $0.04850, and repeated rejections indicate the bullish momentum has faded. Volume divergence supports bearish continuation.
RISK MANAGEMENT TIP:
Place your SL just above the failed breakout level and avoid averaging in if price spikes unexpectedly.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
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