Price has dropped over –96% from its peak — a typical altcoin story: the project is forgotten, but technically still alive.
The line between a bottom and a total collapse is thin here, yet the structure remains intact for now.
🔻 Technical Outlook:
▪️ Price is moving within a descending channel
▪️ The recent inverted head and shoulders pattern failed to play out
▪️ A potential double bottom or dragon pattern may be forming
▪️ A repeating fractal structure is visible — another rounded, concave base developing
📌 What’s next:
Summer often brings slow, choppy action. Price could remain stuck near the lower channel zone for a while.
🚨 Key trigger going forward:
The next real momentum in alts — including STRK — is likely to come when #ETH enters its distribution zone and gains strategic interest at the institutional or even state level.