STRK isn’t inching up here—it’s fully reclaimed that long upper wick from just now.
At 22:15, STRK surged to 0.0827, then pulled back to 0.0776. It looked a lot like a failed breakout. But instead of moving lower, it pushed higher at 22:30 and 22:45. The 22:45 five-minute candle climbed from 0.0809 to 0.0844, with about 1.015 million USDT in trading volume—roughly 28 times the median for the same interval over the past 24 hours.
Then, at 22:50, it surged again to 0.0884 and closed at 0.0839. The upper wick is long, but 0.0827 is still holding as support. My take is simple: if it doesn’t lose this level right away, the earlier selling pressure has been absorbed; if it falls back below, this round of chasing higher prices will have been for nothing.
Binance spot, sampled October 10 at 22:55. #STRK #MarketAnalysis
At 22:15, STRK surged to 0.0827, then pulled back to 0.0776. It looked a lot like a failed breakout. But instead of moving lower, it pushed higher at 22:30 and 22:45. The 22:45 five-minute candle climbed from 0.0809 to 0.0844, with about 1.015 million USDT in trading volume—roughly 28 times the median for the same interval over the past 24 hours.
Then, at 22:50, it surged again to 0.0884 and closed at 0.0839. The upper wick is long, but 0.0827 is still holding as support. My take is simple: if it doesn’t lose this level right away, the earlier selling pressure has been absorbed; if it falls back below, this round of chasing higher prices will have been for nothing.
Binance spot, sampled October 10 at 22:55. #STRK #MarketAnalysis