$STRAX is currently testing the support level at 0.03822 USDT, exhibiting a range-bound market structure.
With resistance identified at 0.04265 USDT, a breakout strategy could capitalize on upward momentum if this level is breached.
The RSI at 46.87 suggests neutral momentum, indicating potential consolidation.
Traders should be cautious of external risks, such as Bitcoin's price movements and macroeconomic events that may impact market sentiment.
