$STRAX STRAX/USDT: Layer 1 Token Flatlines – Sleeping Giant or Dead Cat?
STRAX is barely moving at **$0.05552 (+0.16%)** with just **$1.04M** volume. The Layer 1 token is stuck in no-man's land between key MAs – is this accumulation or abandonment?
**Why The Stagnation?**
- Layer 1 sector showing mixed performance
- "STRAX" memed as "Stuck At X-price" by frustrated traders
- RSI(6) at **32.18** – oversold but no buying interest
**Critical Levels:**
- **Support:** $0.05430 – lose this and $0.05 is next
- **Resistance:** $0.05607 (MA25) – break could target $0.05710
**Technical Check:**
- MACD flatlining (barely negative) – zero momentum
- Price trapped between MA7 ($0.05554) and MA99 ($0.05575)
- Pathetic volume suggests no one cares
**Prediction:**
If BTC rallies, STRAX might crawl to **$0.057**. But break **$0.05430** and we're testing **$0.05** soon.
**How To Trade:**
- **Bored Traders:** Play the $0.054-$0.056 range
- **Smart Money:** Wait for volume spike + MA25 breakout
- **Avoid:** Heavy bags until $0.057 breaks
Trade tiny or ignore – this one's going nowhere fast!
