$STRAX BEARISH PRESSURE BELOW RESISTANCE š»ā ļø
STRAX is currently trading at $0.04310 (+1.60%), but facing strong resistance and low momentum ā signaling a possible pullback! š
š TECHNICAL SNAPSHOT:
š Current Price: $0.04310
š¼ Resistance Levels:
⢠$0.04360 ā Immediate resistance
⢠$0.04677 ā Major breakout zone
š½ Support Levels:
⢠$0.04260 ā First support
⢠$0.04200 ā Breakdown level
š MARKET STRUCTURE:
Price rejected from the $0.04677 high and is now struggling to sustain upward movement. A break below $0.04260 could confirm downside continuation.
š» TRADE SETUP ā SHORT POSITION:
Entry: $0.04300 ā $0.04320
Target 1: $0.04200
Target 2: $0.04050
Stop Loss: $0.04400
šÆ RISK MANAGEMENT:
Limit risk to 1ā2% per trade. Always set your SL and stick to your plan. Patience and precision = profits! š”ļøš
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