$STRAX /USDT BULLISH POTENTIAL ā CONSOLIDATION BEFORE BREAKOUT! ā”š
š Current Price: $0.04776 (+2.64%)
š 24H High: $0.05318
š 24H Low: $0.04542
š 24H Volume: 194.71M STRAX / $9.52M USDT
š TECHNICAL ANALYSIS:
$STRAX is showing early signs of bullish continuation after bouncing from the $0.04540 zone. Although the price is slightly down from the 24H high, the structure remains intact and healthy, forming a rising support trend on the 4H chart.
The current consolidation under $0.05000 indicates accumulation. A breakout above this level, with volume, could push STRAX toward a retest of $0.053 and beyond.
š KEY LEVELS TO WATCH:
š¼ Resistance 1: $0.05000 (psychological + recent supply zone)
š¼ Resistance 2: $0.05320 (24H High)
š½ Support 1: $0.04550 (solid bounce zone)
š½ Support 2: $0.04350 (major structure support)
š§ TRADE SETUP ā LONG IDEA:
š„ Entry Zone: $0.04650 ā $0.04800
šÆ Targets:
TP1: $0.05000
TP2: $0.05320
TP3: $0.05650
š Stop Loss: $0.04380 (below key structure support)
š” RISK MANAGEMENT STRATEGY:
Risk only 2ā3% of your capital
Set SL firmly and trail once TP1 hits
Watch for a volume surge on breakout above $0.050 for added confirmation
š¢ STRAX is building a strong base for a potential breakout ā patient entry within the range could reward well if bulls take control.
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