STRK is testing the lower half of its recent downtrend, hugging the 0.62 resistance line. A 3% stop under the swing makes a 2‑3x position the sweet spot.
🔴 $STRK SHORT 📉
Entry $0.040829-$0.040911 | SL $0.042096 (-3.0%) | TP1 $0.040257 (+1.5%) | TP2 $0.038826 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower (CHoCH) and volume (CVD) is screaming sell, while a fair‑value gap lines up with a fresh order block. The overlap of the order block and FVG creates a POI confluence that backs the short bias.
The 3% stop is relatively tight for this swing, so 2‑3x leverage keeps risk in check.
Take half profit around the first target as price hits the 0.58 level.
Not financial advice — always manage your own risk 🙏
$STRK #STRKUSDT #THORChain #TradingSignals #Write2Earn
🔴 $STRK SHORT 📉
Entry $0.040829-$0.040911 | SL $0.042096 (-3.0%) | TP1 $0.040257 (+1.5%) | TP2 $0.038826 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke lower (CHoCH) and volume (CVD) is screaming sell, while a fair‑value gap lines up with a fresh order block. The overlap of the order block and FVG creates a POI confluence that backs the short bias.
The 3% stop is relatively tight for this swing, so 2‑3x leverage keeps risk in check.
Take half profit around the first target as price hits the 0.58 level.
Not financial advice — always manage your own risk 🙏
$STRK #STRKUSDT #THORChain #TradingSignals #Write2Earn