$STRAX Bullish Reversal in Sight?
Current Price: 0.04588
Volume SMA: 518.881K
The STRAXUSDT chart on Binance is showing signs of a potential bullish reversal. The current price is hovering around the support level of 0.04564, with a slight increase of 0.22% in the last 15 minutes. The volume SMA is moderate, indicating a decent level of trading activity.
Key Levels:
Support: 0.04564
Resistance: 0.04650
Target Points:
Bullish: 0.04700, 0.04800, 0.04850
Bearish: 0.04500, 0.04450
Analysis:
The STRAXUSDT chart is showing a mixed signal, with both bullish and bearish scenarios possible. Traders should keep a close eye on the price action and volume to determine the next move. A break above the resistance level could lead to a strong bullish rally, while a drop below the support level could result in a further decline