$STRAX

/USDT Technical Analysis Report –

STRAX has delivered a strong bullish breakout, soaring over 10% in the last 24 hours to trade around $0.04856, reflecting increased momentum and growing trader interest. The price surged from a low of $0.04283 to a high of $0.05000, showing impressive volatility and volume support with 77.89M STRAX traded, equivalent to $3.64M USDT. The current price action hovering near the top of the range signals sustained buying pressure, pushing STRAX toward a potential breakout above $0.05036 resistance in the short term.

Technically, the uptrend remains intact as STRAX forms higher lows, with key support now established at $0.04720 and $0.04563. Bulls should watch for a clean move above $0.05000, which could ignite further gains towards $0.055 and beyond. With a bullish engulfing pattern seen across intraday charts and strong trading volume backing the move, STRAX is sending a clear bullish signal — this could be the perfect setup for momentum traders looking to ride the wave.