$STRAX /USDT BULLISH SURGE AIMS FOR $0.050 – WATCH FOR BREAKOUT CONFIRMATION, SL BELOW $0.044
$STRAX /USDT is showing strong upside momentum, currently trading at $0.04727, up +9.35% in the last 24 hours. The price has rallied from the $0.04283 low, forming higher lows and pressing against resistance at $0.04817. If STRAX breaks above this key resistance, it could swiftly rally toward the psychological $0.050 level, a key short-term target.
🔹 Support Levels: $0.04400 / $0.04200
🔹 Resistance Levels: $0.04820 / $0.05000
🔹 Current Price: $0.04727
Trade Setup:
🔸 Long Entry: On 1H candle close above $0.04820
🔸 TP1: $0.05000
🔸 TP2: $0.05200
🔸 SL: $0.04400
📈 Market Outlook: The bullish pressure and strong volume suggest momentum is favoring buyers. A confirmed breakout could trigger a continuation rally. However, failure to hold above $0.044 could bring pullbacks.
📉 Risk Management: Use tight stop-loss and allocate only a small portion of capital. Wait for clear confirmation before entering.