$STRAX /USDT – Downtrend Signal Active

Current Price: $0.05150

24h Change: +1.46%

Volume: 24.91 Million STRAX

Category: Layer 1 / Layer 2

Market Overview:

STRAX is moving in a clear downtrend on the 5-minute chart. The price is making lower highs and struggling to recover above $0.05180, with repeated selling pressure.

Key Levels to Watch:

Resistance: $0.05180 and $0.05200

Support: $0.05130 and $0.05100

Trade Signal (Short Setup for Futures):

Sell Range: $0.05150 – $0.05170

Stop Loss: Above $0.05190

Target 1: $0.05130

Target 2: $0.05100

Target 3: $0.05080

Summary:

STRAX is showing consistent weakness. As long as the price remains below $0.05180, the downtrend is likely to continue. Suitable for short-term futures traders with a strict stop loss.