$STRAX /USDT BREAKS SHORT-TERM RANGE WITH BULLISH MOMENTUM BUILDING
$STRAX /USDT is up +4.13%, currently trading at $0.04559 after bouncing from the daily low of $0.04283. The breakout attempt toward the $0.05000 resistance suggests renewed buyer interest.
๐ Technical Analysis (4H Timeframe):
Price has reclaimed the short-term support-turned-resistance near $0.045
Volume is rising along with priceโbullish confirmation
Next key resistance sits at $0.05024; a clean breakout could send price toward $0.05250
Closest support now lies at $0.04480, followed by $0.04280
๐ฎ Market Outlook:
If $STRAX holds above $0.045, bulls may attempt another breakout run toward $0.052+.
However, failure to break $0.05000 again could lead to a correction back to the support base.
๐ก Watch Price Action at $0.048โ$0.050 โ a decisive move here will set the next trend direction.
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