⚠️ $STRAX USDT BEARISH REVERSAL – SELLERS REGAINING POWER ⚠️
STRAX is facing strong rejection from the recent resistance zone near $0.04950, indicating that buyers are losing control. Price action shows failure to sustain its breakout, setting up for a sharp downside move as sellers prepare to push towards lower supports.
📉 Trade Setup
Entry Zone: 0.04760 – 0.04790 (short entry)
Take Profit Targets:
➔ TP1: 0.04650
➔ TP2: 0.04550
➔ TP3: 0.04350
Stop Loss: 0.04950
🔎 Market Outlook Momentum has flipped bearish with rejection candles forming at resistance, aligning with recent downside wicks indicating heavy selling pressure. If price breaks below 0.04650, further liquidation towards 0.04350 is expected as bearish sentiment strengthens.
⚠️ Risk Management Trade with strict discipline, always using predefined stop loss to guard against reversal spikes in high-volatility moves.
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buy and trade here on $STRAX