$STRAX USDT BEARISH CONSOLIDATION ā SELLERS HALTING THE UPTREND š»
STRAX/USDT surged to a high of 0.05434 but failed to hold gains, now consolidating around 0.05079. The current 15m structure shows weakening bullish momentum with lower highs forming, suggesting a potential bearish continuation if key support levels break.
š¹ Trade Setup (SHORT):
Entry: 0.05070 ā 0.05120
Targets:
TP1: 0.04950
TP2: 0.04820
TP3: 0.04700
Stop Loss: 0.05220
š Short Market Outlook:
The chart indicates sellers are regaining control after the failed breakout attempt. If price breaks below 0.05000, further downside is likely towards previous support zones. A strong reclaim above 0.05220 will invalidate this setup and signal bullish continuation.
š Risk Management:
Always apply a tight stop loss and take partial profits at each target to manage risks efficiently in volatile market moves.
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buy and trade here on $STRAX