analysis post for STRAX/USDT

🔥 $STRAX /USDT BEARISH REVERSAL – SELLERS TAKING CONTROL!

Strax showed a sharp pump towards 0.05318 but faced heavy rejection, leading to a strong bearish engulfing on the 15m chart. The price is now consolidating below 0.04850, indicating selling pressure may continue for a deeper correction if buyers fail to reclaim resistance.

📊 Trade Setup:

Entry (Short): 0.04840 – 0.04820

Take Profits:

TP1: 0.04760

TP2: 0.04680

TP3: 0.04580

Stop Loss: 0.04910

🔍 Market Outlook: Momentum has shifted to bearish with lower highs forming after the peak. If price remains under 0.04850, further downside towards previous demand zones is likely.

#STRAX #CryptoSignals #ScalpTrade #BearishSetup #Binance

buy and here trade on $STRAX