$STRAX Building Pressure: Will Bulls Ignite a Breakout Above $0.06000?

STRAX is trading at $0.05938, posting an 11.41% gain today as it consolidates just under the psychological resistance of $0.06000. After a solid recovery from the $0.053 zone, price action is tightening near a critical breakout level.

Key Levels to Watch

• Resistance Zone: $0.06000 – $0.06150

A confirmed breakout above could push toward:

• Target 1: $0.06300

• Target 2: $0.06500

• Support Zone: $0.05880 – $0.05720

A breakdown may drag price toward:

• Target 1: $0.05500

• Target 2: $0.05280 (24h Low)

Trade Setup – Momentum is Coiling

• Bullish Entry: Close above $0.06000 with volume surge

• Target 1: $0.06300

• Target 2: $0.06500

• Bearish Entry: Break below $0.05720

• Target 1: $0.05500

• Target 2: $0.05280

STRAX is gearing up near a breakout threshold. If bulls seize control above $0.06000, it could trigger a fast leg up. But if buyers hesitate, short-term rejection could drag price back to support. Eyes on volume—it’s the key to the next move.

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