$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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buy and here trade on $STRAX