$STRK /USDT BEARISH OUTLOOK ā TECHNICAL ANALYSIS & TRADE SETUP š
š Current Price: $0.1283
š Key Levels:
Resistance: $0.1370 (24h High)
Support: $0.1225 (24h Low) & $0.1231 (recent low)
š„ Market Sentiment: Bearish, with a steady downtrend over 7 days (-15.92%) and heavy long-term losses. Price struggling to break above resistance at $0.1370.
ā ļø Trade Setup ā SHORT Opportunity:
Entry: Below $0.1270 (breaking minor support)
Stop Loss (SL): $0.1300 (just above recent highs)
Take Profit (TP): $0.1225 (key support) and $0.1200 (next support zone)
š” Risk Management:
Keep risk under 2% of your trading capital per trade. Use tight SL to minimize losses in this volatile market. Always monitor volume & price action closely before entry.
š Stay cautious ā momentum favors sellers!
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