The overall market is in the red, but STRK suddenly surged! This time, I actually want to look for a long opportunity.
Today, the asset I’m paying the most attention to is not BTC, and not ETH, but STRK.
BTC is still struggling around $82,000, and SOL is also clearly under pressure, but STRK has been moving against the trend, at one point climbing above $0.07.
This kind of move is worth watching, because it at least shows that short-term money is willing to focus on trading STRK in a weak market.
That said, I won’t chase it just because the gain is large.
My trading plan:
Direction: short-term bullish.
If STRK pulls back to around $0.0625 and can hold that level, and active buying shows up again, I will consider using one-third of my planned position to go long.
The first target is around $0.071. If it breaks through and holds above that level, I’ll then watch $0.075.
If the pullback breaks below $0.060 and cannot quickly recover, I will abandon this short-term long plan. The actual stop loss after entering will still depend on the structure at the time of entry.
What I most want to see is not a continued straight-line rally, but rather for the price to hold the previous breakout area after the rise.
A strong coin doesn’t necessarily need to be chased higher; the key is to find a point where risk and reward are relatively reasonable.
I’m first publicly recording my bullish plan here. Over the next few days, I’ll keep tracking it and see how long STRK’s strength can actually last.
Do you think STRK is making an independent move this time, or is it just a short-lived wave of speculative money?
$STRK
#STRK #Starknet
Today, the asset I’m paying the most attention to is not BTC, and not ETH, but STRK.
BTC is still struggling around $82,000, and SOL is also clearly under pressure, but STRK has been moving against the trend, at one point climbing above $0.07.
This kind of move is worth watching, because it at least shows that short-term money is willing to focus on trading STRK in a weak market.
That said, I won’t chase it just because the gain is large.
My trading plan:
Direction: short-term bullish.
If STRK pulls back to around $0.0625 and can hold that level, and active buying shows up again, I will consider using one-third of my planned position to go long.
The first target is around $0.071. If it breaks through and holds above that level, I’ll then watch $0.075.
If the pullback breaks below $0.060 and cannot quickly recover, I will abandon this short-term long plan. The actual stop loss after entering will still depend on the structure at the time of entry.
What I most want to see is not a continued straight-line rally, but rather for the price to hold the previous breakout area after the rise.
A strong coin doesn’t necessarily need to be chased higher; the key is to find a point where risk and reward are relatively reasonable.
I’m first publicly recording my bullish plan here. Over the next few days, I’ll keep tracking it and see how long STRK’s strength can actually last.
Do you think STRK is making an independent move this time, or is it just a short-lived wave of speculative money?
$STRK
#STRK #Starknet