๐ $STRAX Under the Microscope: Is the Uptrend Still On?
The $STRAX coin has recorded a strong rally, exceeding 50% in the last 24 hours, supported by a noticeable increase in trading volume and a resurgence in buying momentum. On the 15-minute chart, the price has managed to form a higher low while attempting to establish itself above the 0.0125 zone, which is a positive signal for the short term.
๐ฏ Potential Trades:
โ Breakout Scenario
Enter after a clear close above 0.01265
Targets: 0.01315 then 0.01350
Stop Loss: 0.01215
โ Retest Scenario
Wait for a pullback towards 0.01215 - 0.01225
Gradual entry if bullish candlesticks appear
Targets: 0.01290 then 0.01350
Stop Loss: below 0.01190
โ ๏ธ The RSI indicator is approaching overbought territory, so we might see some volatility before the next move. A breakout above 0.01265 will remain the key to confirming the continuation of the uptrend.
$STRAX
#STRAX #Crypto_Jobs๐ฏ #BinanceSquareTalks #Altcoins! #BinanceAlphaBlindBoxAirdropWithTRUSTAndBLESS
The $STRAX coin has recorded a strong rally, exceeding 50% in the last 24 hours, supported by a noticeable increase in trading volume and a resurgence in buying momentum. On the 15-minute chart, the price has managed to form a higher low while attempting to establish itself above the 0.0125 zone, which is a positive signal for the short term.
๐ฏ Potential Trades:
โ Breakout Scenario
Enter after a clear close above 0.01265
Targets: 0.01315 then 0.01350
Stop Loss: 0.01215
โ Retest Scenario
Wait for a pullback towards 0.01215 - 0.01225
Gradual entry if bullish candlesticks appear
Targets: 0.01290 then 0.01350
Stop Loss: below 0.01190
โ ๏ธ The RSI indicator is approaching overbought territory, so we might see some volatility before the next move. A breakout above 0.01265 will remain the key to confirming the continuation of the uptrend.
$STRAX
#STRAX #Crypto_Jobs๐ฏ #BinanceSquareTalks #Altcoins! #BinanceAlphaBlindBoxAirdropWithTRUSTAndBLESS