$STRAX / USDT has snapped back after a sharp volatility spike, showing a classic liquidity sweep + consolidation after impulse move. Price exploded from the 0.0220 support, tagged a local high near 0.0324, and is now cooling off — a textbook post-pump digestion phase before the next decision.
Live: 0.02479 | 24H: +10.37%
24H High: 0.03244 | 24H Low: 0.0221
Price is currently pulling back into the EMA(25)–EMA(99) zone, which acts as a key demand area. As long as price holds above EMA(99), the structure remains constructively bullish after the impulse leg.
RSI(6): 34.7
📉 Momentum has cooled significantly, approaching oversold territory, suggesting selling pressure is exhausting and a bounce attempt is likely if buyers step in.
LONG: 0.0238 – 0.0246 🟢
Targets:
🎯 0.0265 🚀
🎯 0.0288 🔥
🎯 0.0320 🟢
🛑 Stop Loss: 0.0220
As long as STRAX defends the 0.023–0.024 support zone, a mean-reversion push back toward the highs remains in play. Expect high volatility and fake wicks — this is a momentum asset after a big move, so scale out on strength and protect capital ⚡📊
Trade wisely!
trade #STRAX here
