Starknet ($STRK ) is now deep in the reset zone - the coin is down 95% from its 2024 highs, which is typical for altcoins with potential 📉. The trend remains bearish and fully correlated with Ethereum, as Starknet is the L2 for ETH 🦾. The price may still decline down to $0.10, but I expect a quick consolidation and break of the downtrend 🔄.

Since April, a significant increase in open interest has been recorded - this indicates an influx of new contracts and increased attention to the coin 📊. I am not talking about short-term deals, but about a strategic approach: it is important to understand the scenario in advance and be ready to move.

When there are signs of reversal - impulse growth, formation of V- or W-pattern, breakdown of trend line and exit from consolidation - it is important to get into this movement 🚀. Volumes on the coin are very high, so the growth may be sharp and most will not have time to enter. Key zones: $0.20, $0.30 (100 MA), $0.50. Return to $0.30 is the first target on a reversal 💡.