🚨 I’m eyeing a $STRAX short setup right now — and it’s looking shaky for the bulls.
The recent uptrend just broke down hard, and the bounce? Practically non-existent. I’m seeing weak demand, thin volume, and a lot of hesitation near the $0.043 zone. That’s usually not a good sign.
📉 Here’s how I’m playing it:
Entry (Short): 0.04320 – 0.04400 (Ideally off a weak 15m rejection wick)
Targets:
1️⃣ 0.04100
2️⃣ 0.03880
3️⃣ 0.03650
Stop Loss: 0.04520 (Just above the local high and breakdown candle)
🧭 Key Levels:
Resistance: 0.04400 / 0.04520
Support: 0.04100 / 0.03880
Pivot Zone: 0.04220 – 0.04300
🔥 My Take:
I’m not rushing this — I want to see confirmation. If we get a clean breakdown with volume picking up on the 15m or 30m, that’s my trigger.
⚠️ STRAX is thinly traded, so I’m keeping leverage light and staying nimble. No hero trades here — just precision.
Let’s see if the floor gives way. 👀
#GENIUSActPass #GENIUSActPass #DAOBaseAIBinanceTGE #FOMCMeeting #SparkBinanceHODLerAirdrop