S$STRK TRK/USDT (Binance): short take
The chart above is stitched from price snapshots in the sources, not a live Binance candle chart. The last two points are rougher than the first two, and I couldn't find a quote from the last 2–3 days.
Trend: STRK woke up in October after a long slump. The Oct 4 close of about $0.0586 was its first daily close above a key level after 148 straight closes below it. One trader noted it was up about 27% in 5 days by around $0.074. A later snapshot shows roughly $0.09. (phemex) (tradingview)
Momentum: Daily RSI hit 74.6 on Oct 4, which is overbought. After a move this fast, a pullback is likely. (cryptonews)
Levels to watch: Support is around $0.060–0.065, the order block one analyst marked. Resistance is around $0.094, the target in the same setup.
Bigger picture: It is still bearish long-term. A death cross from Dec 2025 is still in force, and monthly unlocks of up to 127M STRK continue through March 2027. One was scheduled for Oct 15. (phemex)
Bias: Short-term bullish but stretched, so chasing here is risky. A pullback to support that holds would be the healthier setup, and a close back below about $0.056 would weaken the breakout.
This is not financial advice. Please check the live Binance chart before trading.#AustraliaProposesCryptoTransactionReportingLaw #SolanaAlpenglowUpgradeToActivateOnOct21
The chart above is stitched from price snapshots in the sources, not a live Binance candle chart. The last two points are rougher than the first two, and I couldn't find a quote from the last 2–3 days.
Trend: STRK woke up in October after a long slump. The Oct 4 close of about $0.0586 was its first daily close above a key level after 148 straight closes below it. One trader noted it was up about 27% in 5 days by around $0.074. A later snapshot shows roughly $0.09. (phemex) (tradingview)
Momentum: Daily RSI hit 74.6 on Oct 4, which is overbought. After a move this fast, a pullback is likely. (cryptonews)
Levels to watch: Support is around $0.060–0.065, the order block one analyst marked. Resistance is around $0.094, the target in the same setup.
Bigger picture: It is still bearish long-term. A death cross from Dec 2025 is still in force, and monthly unlocks of up to 127M STRK continue through March 2027. One was scheduled for Oct 15. (phemex)
Bias: Short-term bullish but stretched, so chasing here is risky. A pullback to support that holds would be the healthier setup, and a close back below about $0.056 would weaken the breakout.
This is not financial advice. Please check the live Binance chart before trading.#AustraliaProposesCryptoTransactionReportingLaw #SolanaAlpenglowUpgradeToActivateOnOct21