$STRAX /USDT – Short Trade Setup Activated
STRAX has shown a sharp upward wick rejection near the $0.05000 psychological resistance, followed by bearish candles on the 15m chart. Price action suggests a potential short-term pullback is underway.
Entry: $0.04862
Target 1: $0.04750
Target 2: $0.04680
Target 3: $0.04632
Stop Loss: $0.04948
Risk Management: Position sizing should align with your risk profile. Stop loss is placed just above the rejection zone, minimizing downside if momentum reverses.
Pro Tip for Followers: Look for a strong 15m close below $0.04800 to confirm continuation. Avoid early entries without breakdown confirmation.
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