Key Levels for STRK/USDT
The chart shows that $STRK /USDT experienced a massive rally to a high of $0.2177 and has since corrected sharply. The current price is $0.1370. The Relative Strength Index (RSI(6)) is 34.3113, indicating that the asset is approaching oversold conditions, which often suggests a bounce is imminent, but it also reflects the intense selling pressure.
Resistance Levels (Areas where selling pressure is expected) Immediate Resistance: $0.148 - $0.155 This is the level of the most recent minor swing high before the price dropped to the current level. A clean break above this area is necessary to signal a short-term recovery. Strong Resistance: $0.170 - $0.173 This area was a brief consolidation zone after the initial drop and now acts as a stronger resistance. This is also near the level where the price has seen a significant number of transactions. Major Resistance: $0.2177 This is the highest swing peak shown on your chart. Reaching and breaking this level would confirm a renewed bullish trend continuation. Support Levels (Areas where buying pressure is expected) Immediate Support: $0.123 - $0.134 This range includes the 24-hour low and the strong horizontal support (the area where the price consolidated before the big push up). The price is currently testing the upper boundary of this support zone. Strong Support (Critical): $0.1039 - $0.110 This is the major swing low established earlier in the chart's history ($0.1039). This level is critical. If the price breaks and closes below this zone, it would confirm a significant breakdown and could lead to a deeper drop. Major Support: $0.0982 If the 0.1039 support fails, this would be the next key psychological and technical level to test.
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