$STRK /USDT · Bias: SHORT (Lower High Rejection / Pullback Setup)
Exhaustion rejection following an aggressive +23.85% intraday rally to the 24h High (0.05657)! The 15m chart is forming a clear lower high structure around the 0.05400 resistance shelf with declining buyer volume, setting up a corrective leg down toward the lower demand levels! 📉⚡️
Trade Setup:
Position: SHORT $STRK
Entry Zone: 0.05350 – 0.05450 (Entering on minor relief bounces into local resistance)
Stop Loss (SL): 0.05580 (~2.4% – 4.1% risk; clean invalidation above the recent lower-high rejection cluster)
Take Profit Targets:
TP1: 0.05200 (Immediate local support retest)
TP2: 0.05050 (Prior swing neckline / consolidation shelf)
TP3: 0.04800 (Mid-level liquidity fill)
TP4: 0.04500 (Pre-pump accumulation base)
Exhaustion rejection following an aggressive +23.85% intraday rally to the 24h High (0.05657)! The 15m chart is forming a clear lower high structure around the 0.05400 resistance shelf with declining buyer volume, setting up a corrective leg down toward the lower demand levels! 📉⚡️
Trade Setup:
Position: SHORT $STRK
Entry Zone: 0.05350 – 0.05450 (Entering on minor relief bounces into local resistance)
Stop Loss (SL): 0.05580 (~2.4% – 4.1% risk; clean invalidation above the recent lower-high rejection cluster)
Take Profit Targets:
TP1: 0.05200 (Immediate local support retest)
TP2: 0.05050 (Prior swing neckline / consolidation shelf)
TP3: 0.04800 (Mid-level liquidity fill)
TP4: 0.04500 (Pre-pump accumulation base)
