$STRAX /USDT – BEARISH OUTLOOK 🚨

🔎 Current Price: $0.04734

🔑 Key Levels

Resistance: $0.04880 – $0.04930 ❌

Support: $0.04640 – $0.04600 ✅

Price is currently trading just above strong support, but repeated rejections near $0.04930 show weakness. Short-term moving averages are flat, signaling lack of bullish momentum.

📉 Trade Setup (SHORT)

Entry: $0.04750 – $0.04780

Target 1 (TP1): $0.04640

Target 2 (TP2): $0.04600

Stop Loss (SL): $0.04940

⚖️ Risk Management:

Risk only 1-2% of capital per trade, stick to stop loss, and avoid over-leveraging.

🔻 Weak momentum + resistance holding = bears have the edge.

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