$STRAX is displaying a bullish breakout pattern, currently priced at 1.997 after reaching a 24h high of 2.169. The price has surged above the consolidation zone between 1.767 and 1.913, confirming upward momentum. Support has now shifted to the 1.900–1.950 range, which may act as a base for further upside. As long as the price holds above 1.950, bullish continuation remains likely, with resistance targets set between 2.170 and 2.250. A strong close above 2.200 could open the path toward 2.350 in the short term, while a drop below 1.890 would weaken the bullish setup.

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