$STRAX /USDT

⚙️ STRAX/USDT Overview

Current Price: $0.04603

24h Change: +5.21% 🔼

24h High: $0.05000

24h Low: $0.04283

Volume:

STRAX: 144.84M

USDT: $6.81M

📊 Key Levels

TypePriceNotesResistance 1$0.04711Nearest overhead resistance (mid-range)Resistance 2$0.04816Preceding high zoneResistance 3$0.0500024h peak — key resistanceCurrent$0.04603Mid-range pullback after local topSupport 1$0.04527First downside bufferSupport 2$0.04283Daily low — strong support

🔍 Technical Bias

📈 Trend: Bullish Short-Term

STRAX shows short-term bullish momentum off the $0.0428 base

Higher low structure forming with recovery volume

Still facing resistance pressure at $0.047–$0.050

📉 Momentum Watch

Volume: Moderate-to-strong — supportive of uptrend continuation

Needs to clear $0.04711 with strength to retest $0.050

🧠 Trade Scenarios

✅ Bullish Setup (Momentum Play)

Entry Trigger: Break above $0.04711

Targets: $0.04816 → $0.050

Stop: Below $0.04527

⚠️ Cautionary Pullback

Watch for: Price rejection at $0.04711 or $0.04816

Support test: $0.04527 or $0.04283 for potential dip buys

🧾 Summary

Momentum: Uptrend in early phase

Bias: Bullish but approaching key resistance

Volume: Confirming interest

Short-Term Target: $0.050

Risk Level: Moderate (sensitive to BTC movement)

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