🚨 $STRAX /USDT – Short Setup Alert 🔥
Price: 0.04642 (+6.34%)
$STRAX spiked from 0.04283 to 0.05000 (~+17% intraday), but is now struggling near key resistance at 0.050–0.051, with fading momentum above 0.0475.
🎯 Short Entry Zone:
→ 0.0478 – 0.0495
📌 Wait for confirmation: Look for rejection wicks or failed breakout attempts above 0.050.
📉 Target Levels:
TP1: 0.0452
TP2: 0.0430
TP3 (Full Retrace): 0.0415
❌ Stop-Loss:
→ 0.0512 (above local high and potential liquidity sweep zone)
🔍 Key Technical Levels:
Resistance: 0.050, 0.051
Support: 0.0452, 0.0430, 0.0415
💡 Pro Tip:
A volume divergence is forming — suggesting a possible fake breakout before rejection.
✅ Use a trailing stop once price breaks below 0.0452 to lock in profits.
🚫 Avoid entry if STRAX consolidates above 0.0505 with increasing volume.
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