$STRK READY FOR A CORRECTION AMID THE 127M TOKEN UNLOCK? 🚀📉
Starknet said it is “considering” moving to its own quantum-resistant L1 by 2027. No decision has been made yet, but the price has already climbed 35% to 0.074. That’s +235% from the August 18 low (0.02217).
On October 15, 127 million $STRK tokens will be unlocked, adding to profit-taking by early investors. After such a vertical pump, a technical pullback to Fib 0.382 ($0.0559) would be logical.
Setup: 🔻
Entry: 0.0735 – 0.0765
SL: 0.0795 (above the daily high)
TP1: 0.0640 (upper Bollinger Band + Fib 0.236)
TP2: 0.0559 (Fib 0.382, near EMA 7)
TP3: 0.0495 (Fib 0.5 of the entire move)
What do you think: is this the start of a major trend or a classic news-driven top?
#STARKNET #strk #Altcoins #Trading
Starknet said it is “considering” moving to its own quantum-resistant L1 by 2027. No decision has been made yet, but the price has already climbed 35% to 0.074. That’s +235% from the August 18 low (0.02217).
On October 15, 127 million $STRK tokens will be unlocked, adding to profit-taking by early investors. After such a vertical pump, a technical pullback to Fib 0.382 ($0.0559) would be logical.
Setup: 🔻
Entry: 0.0735 – 0.0765
SL: 0.0795 (above the daily high)
TP1: 0.0640 (upper Bollinger Band + Fib 0.236)
TP2: 0.0559 (Fib 0.382, near EMA 7)
TP3: 0.0495 (Fib 0.5 of the entire move)
What do you think: is this the start of a major trend or a classic news-driven top?
#STARKNET #strk #Altcoins #Trading