Starknet (STRK) is facing pressure but shows signs of stabilization. Despite releasing 127.6 million tokens, the project is focusing on adoption, enabling STRK payments in 15,000 shops globally. The RSI is neutral, CMF indicates reduced selling pressure, and EMA lines show a downtrend. Starknet released 127.6 million STRK tokens worth $15.71 million, aiming for long-term utility. STRK's RSI at 42.92 suggests neutral-to-bearish momentum, while CMF at -0.10 hints at weakening bearish pressure. EMA lines reflect a downtrend, with potential support at $0.109 and resistance at $0.137 and $0.142. A breakout above these levels could lead to a recovery towards $0.158. This analysis serves for informational purposes only, and readers are advised to conduct their research and seek professional advice before making financial decisions.

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