Here is your professional and aggressive technical analysis post for STRAX/USDT based on the provided chart:
🔻 $STRAX USDT BEARISH PRESSURE – GRINDING LOWER TOWARDS SUPPORT 🔻
STRAX is under persistent selling pressure on the 15m timeframe, with price staying below MA(25) and struggling to hold MA(99). Bears remain in control, pressing the market towards the recent lows for potential breakdown.
🔥 Trade Setup (Short)
Entry Zone: $0.04710 – $0.04750
Take Profit 1: $0.04650
Take Profit 2: $0.04580
Take Profit 3: $0.04500
Stop Loss: $0.04820
📊 Market Outlook
Momentum: Bearish with consistent lower highs and lower lows
Trend: Downtrend continues as price stays below MA(25) ($0.04784) and MA(99) ($0.04690)
Key Levels:
Resistance: $0.04784 (MA25), $0.04969 (recent high)
Support: $0.04650 (immediate), $0.04500 (strong support zone)
⚠️ Risk Management
Always use tight stops and controlled sizing to protect capital against sudden volatility reversals during trend trades.
#STRAX #STRAXUSDT #CryptoTrading #BearishSetup #Breakdown
💭 Comment 🔻 if you’re trading this strong bearish trend with discipline!
buy and trade here on $STRAX