$STRAX /USDT – Bullish Setup Forming on Triangle Breakout

Trade Overview (4H Chart):

STRAX is showing promising signs of a bullish move as it bounces off a key support zone and an ascending trendline. The price action is forming a descending triangle pattern, and the current candle is hinting at a rejection from the demand area—signaling potential upward momentum.

Technical Highlights:

Strong support identified between $0.0500 and $0.0510

Ascending trendline reinforcing #bullish pressure

Descending triangle breakout setup in progress

Clean risk/reward structure for traders

Trade Setup:

Entry Zone: Around $0.0510

Target: $0.0640

Stop Loss: Below $0.0485

#Strategy Insight:

This setup banks on continued defense of the #support and trendline confluence, triggering a breakout above the descending resistance line. With a clear invalidation #LEVEL , the #trade offers solid risk control and potential upside.

Buy and trade here: $STRAX