$STRAX /USDT Trading Setup – Rejection at Resistance
$STRAX Current Price: $0.04284
Resistance Level: $0.04316
Support Zone / Target Point: $0.04203
Trend: Bearish Reversal on 15m Chart
Analysis:
STRAX tested the key resistance level around $0.04316 — the same area where price previously got rejected. After failing to break above, price is now showing bearish momentum.
A break below $0.04284 suggests a potential move toward the support zone near $0.04203, where price last found buyers.
Trade Idea (Short Setup):
Entry (Short): $0.04280 – $0.04290
Target: $0.04203
Stop Loss: $0.04330 (above resistance)
Trend Bias: Bearish / Downtrend on rejection
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