$STRAX USDT – ASCENDING SUPPORT TEST IN PROGRESS, BREAKOUT LIKELY ON CONFIRMATION
HIGHER LOW STRUCTURE REMAINS INTACT
REJECTION FROM SUPPLY ZONE NEAR $0.0533–$0.0534
$STRAX USDT is forming a classic ascending triangle pattern, with consistent higher lows pushing into resistance. Price is currently testing the trendline support and EMA cluster around $0.0515. A strong bounce here could trigger a bullish breakout if volume steps in.
LONG SETUP:
📈 Entry: $0.0515 – $0.0516
🎯 Target: $0.0533 – $0.0534
Stop Loss: $0.0509
A breakout above the $0.0534 zone will confirm bullish continuation. Risk is well-contained with tight support and a strong uptrend foundation.
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