$STRAX USDT in

$STRAXUSDT BEARISH REVERSAL – SHORT OPPORTUNITY AFTER FAILED BREAKOUT!

STRAX/USDT is currently trading at $0.04876, up +7.09% today, but the chart shows a strong rejection from its 24h high of $0.05318. The recent spike was unsustainable, and prices have retraced significantly, forming lower highs with weak bullish attempts, indicating sellers may dominate the next move.

🔻 TRADE SETUP (SHORT):

Entry: $0.04880 – $0.04920

Targets:

TP1: $0.04750

TP2: $0.04650

TP3: $0.04550

Stop Loss: $0.05020

📊 Market Outlook:

The 15m timeframe reflects strong bearish momentum post-rejection with declining volume on green candles, signalling fading buyer interest. If STRAX fails to reclaim above $0.04950, downside continuation is likely towards the key support zones.

⚠️ Risk Management:

Trade with strict SL placement and limit risk to max 2% of capital per trade to remain disciplined in fast-moving setups.

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