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$STRK Coiling for Continuation — Resistance Flip Could Trigger Next Leg Up
The recent price action on
$STRK is starting to paint a very clean technical story — and it’s the kind of structure momentum traders usually wait for patiently.
After tapping into the 0.0415 demand zone, we saw a textbook bounce that wasn’t just reactive — it came with a strong impulsive expansion, signaling that buyers are not only defending value areas but also stepping in with conviction. This kind of move often hints that smart liquidity may already be positioning ahead of a continuation phase.
Now comes the real test.
Price is currently probing the 0.0430 resistance zone, which previously acted as a supply barrier. If this level successfully flips into support (S/R flip), it opens the door for a bullish continuation — essentially turning former sellers into trapped positions and fueling upside momentum through short-covering and breakout buyers.
This is where structure meets opportunity.
📈 Long Setup:
Entry Zone: 0.0428 – 0.0431
Take Profit Targets:
🎯 TP1: 0.0440
🎯 TP2: 0.0445
🎯 TP3: 0.0455
Stop Loss: 0.0424
As long as price sustains above the reclaimed resistance, the probability of continuation toward higher liquidity pockets increases significantly. A confirmed hold here could transform this into a momentum-driven push rather than just a relief bounce.
Patience around this flip zone may offer the best risk-to-reward positioning — chasing the move after confirmation is always safer than anticipating the breakout too early.
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