I didn’t expect it to be this aggressive—$STRK it suddenly shot up +47% in a single day. From a base of $0.068, it surged straight to $0.1055. And the volume was insane: during the breakout from around $0.071 to $0.093, it nearly topped $140 million in just 4 hours. This was driven purely by real market activity, not a low-volume pump.
But after rallying more than 50% from the daily low, it’s now starting to run into a pretty solid wall.
Interestingly, once it got up there, the price wasn’t immediately dragged sharply back down. $STRK It dipped a bit to $0.098, but was quickly pulled back up and crept toward the $0.102 area again. That’s a sign that holders up here are still putting up a decent fight. The funding rate is also very flat at +0.000075% (almost zero), meaning there’s no sign yet of overheated or excessive long leverage.
Here’s the simple logic to figure out whether it still has room to climb:
Next Entry Point ($0.1055): Today’s high. If it breaks through $0.1055 again and the candle closes cleanly above it, $0.110 will be the next psychological target.
Defense Line ($0.098 - $0.100): This is the most crucial checkpoint. As long as the price doesn’t fall below $0.098, the short-term bullish scenario remains in control.
Correction Path ($0.094 - $0.095): You only need to be cautious if $0.098 breaks. Be ready for a retest around $0.094 before it decides on a new direction.
In short, I’m still bullish as long as $0.098 doesn’t break to the downside, but we still need a clear breakout above $0.1055 to avoid a fakeout. Keep monitoring how the price reacts at those two levels!
But after rallying more than 50% from the daily low, it’s now starting to run into a pretty solid wall.
Interestingly, once it got up there, the price wasn’t immediately dragged sharply back down. $STRK It dipped a bit to $0.098, but was quickly pulled back up and crept toward the $0.102 area again. That’s a sign that holders up here are still putting up a decent fight. The funding rate is also very flat at +0.000075% (almost zero), meaning there’s no sign yet of overheated or excessive long leverage.
Here’s the simple logic to figure out whether it still has room to climb:
Next Entry Point ($0.1055): Today’s high. If it breaks through $0.1055 again and the candle closes cleanly above it, $0.110 will be the next psychological target.
Defense Line ($0.098 - $0.100): This is the most crucial checkpoint. As long as the price doesn’t fall below $0.098, the short-term bullish scenario remains in control.
Correction Path ($0.094 - $0.095): You only need to be cautious if $0.098 breaks. Be ready for a retest around $0.094 before it decides on a new direction.
In short, I’m still bullish as long as $0.098 doesn’t break to the downside, but we still need a clear breakout above $0.1055 to avoid a fakeout. Keep monitoring how the price reacts at those two levels!