📌 $STRAX /USDT strategic trade outlook:
📊📑Technical Snapshot:
- Current Price: $0.06455
- 24H Low/High: $0.04064 / $0.06680
- Volume Spike: Significant surge in volume shows strong market interest.
- Price Movement: Over 56% gain today — highly bullish momentum.
- Moving Averages: Short-term MA(5) has crossed above MA(10) – a bullish signal.
- Breakout: Clean breakout from previous consolidation zone around $0.046–$0.052.
📑Support & Resistance Zones:
- Key Support: $0.05700 – previous resistance flipped support.
- Secondary Support: $0.05150 – base of the initial rally.
- Immediate Resistance: $0.06680 – today’s high.
- Target Resistance Zone: $0.07200 – psychological zone from prior price history.
📊Trade Advice:
Scenario: Trend Continuation (High Momentum Strategy)
- Entry (Buy): On minor dip/retest around $0.06200–$0.06300
- Stop-Loss: Below $0.05700 (to protect from breakdown)
✅- Take-Profit (TP1): $0.06680
✅- Take-Profit (TP2): $0.07200
📄Scenario: Aggressive Breakout Trade
📈- Entry: If price breaks and closes above $0.06680 with strong volume
- Stop-Loss: Tight below $0.06400
- Target: $0.07200+
📄Risk Note:
📉- This is a parabolic move — be cautious of sharp retracements.
- If BTC shows weakness, altcoin breakouts can fake out.
- Don’t chase candles; wait for confirmation or pullbacks.
📌Let's Trade on $STRAX