⚡️ $STRK cools to $0.096: pullback after euphoria and a test of the key 4H EMA.
After a vertical surge to a peak of $0.1265, the Starknet ecosystem token entered a natural correction phase (down 12% in 24 hours), dipping into the anticipated $0.093–$0.095 demand zone.
🔍 What’s driving the market now:
1. Reality sets in after the L1 hype: The proposed transition to a quantum-resistant Layer 1, announced at Token2049, caused a stir, but the community is now weighing the technical complexity and implementation risks of the roadmap through 2027.
2. The October 15 unlock factor: The upcoming unlock of 127 million STRK (~$12M, about 3.4% of the circulating supply) is prompting short-term traders to take profits, although daily trading volume ($76M+) far exceeds the size of the tranche.
📊 Technical picture:
The price hit the 20 EMA on the 4-hour chart ($0.0958) precisely, while the hourly RSI fell to a critical 14.6—pointing to exhaustion in the first wave of panic selling and the formation of a base for a rebound.
🎯 Scenario map for the next 24–48H:
• Bullish: Holding support at $0.093–$0.095 and reclaiming $0.103 (the 1H 50 EMA) would bring the price back to the $0.110–$0.118 accumulation range ahead of the unlock.
• Bearish: Losing the $0.093 level on a 4H candle close would break the rebound structure and risk a drop to $0.085–$0.088.
Will $STRK hold the $0.095 level until the October 15 token unlock, or will selling pressure continue?
$STRK $ETH
After a vertical surge to a peak of $0.1265, the Starknet ecosystem token entered a natural correction phase (down 12% in 24 hours), dipping into the anticipated $0.093–$0.095 demand zone.
🔍 What’s driving the market now:
1. Reality sets in after the L1 hype: The proposed transition to a quantum-resistant Layer 1, announced at Token2049, caused a stir, but the community is now weighing the technical complexity and implementation risks of the roadmap through 2027.
2. The October 15 unlock factor: The upcoming unlock of 127 million STRK (~$12M, about 3.4% of the circulating supply) is prompting short-term traders to take profits, although daily trading volume ($76M+) far exceeds the size of the tranche.
📊 Technical picture:
The price hit the 20 EMA on the 4-hour chart ($0.0958) precisely, while the hourly RSI fell to a critical 14.6—pointing to exhaustion in the first wave of panic selling and the formation of a base for a rebound.
🎯 Scenario map for the next 24–48H:
• Bullish: Holding support at $0.093–$0.095 and reclaiming $0.103 (the 1H 50 EMA) would bring the price back to the $0.110–$0.118 accumulation range ahead of the unlock.
• Bearish: Losing the $0.093 level on a 4H candle close would break the rebound structure and risk a drop to $0.085–$0.088.
Will $STRK hold the $0.095 level until the October 15 token unlock, or will selling pressure continue?
$STRK $ETH