$STRK Strongly bullish
· After reaching a local higher high at 0.119, the price entered a healthy pullback. The 1-hour EMA20 (around 0.108) is acting as dynamic support.
· Spot CVD (Cumulative Volume Delta): Aggregated spot CVD is steadily climbing (+490 million STRK), indicating sustained spot buying pressure is absorbing the current pullback.
· Liquidations: Heavy short liquidations ($11.46 million in shorts vs. $5.74 million in longs) fueled the recent breakout candle, triggering a short squeeze.
$STRK Long Scenario (70% priority)
· Long entry: 0.100 - 0.105 (retest of the EMA20 support zone)
· Stop-loss (SL): < 0.093
· Take-profit (TP): 0.120 - 0.125
$STRK Short Scenario (30% priority): Open interest (OI) is at a record high (1.55 billion STRK). If the price fails to hold above the EMA20 and drops below 0.100, a long squeeze could occur.
· Short entry: 0.120 - 0.121 (short a potential false breakout or rejection at the local high)
Support me by trading here 👇 #strk #starknet
· After reaching a local higher high at 0.119, the price entered a healthy pullback. The 1-hour EMA20 (around 0.108) is acting as dynamic support.
· Spot CVD (Cumulative Volume Delta): Aggregated spot CVD is steadily climbing (+490 million STRK), indicating sustained spot buying pressure is absorbing the current pullback.
· Liquidations: Heavy short liquidations ($11.46 million in shorts vs. $5.74 million in longs) fueled the recent breakout candle, triggering a short squeeze.
$STRK Long Scenario (70% priority)
· Long entry: 0.100 - 0.105 (retest of the EMA20 support zone)
· Stop-loss (SL): < 0.093
· Take-profit (TP): 0.120 - 0.125
$STRK Short Scenario (30% priority): Open interest (OI) is at a record high (1.55 billion STRK). If the price fails to hold above the EMA20 and drops below 0.100, a long squeeze could occur.
· Short entry: 0.120 - 0.121 (short a potential false breakout or rejection at the local high)
Support me by trading here 👇 #strk #starknet
