$STRK fell 7.7% over the past hour, with the current price at 0.09557. There are two possible scenarios from here:
① It stabilizes and climbs back above the breakdown level → this move looks more like a panic-driven selloff
② The rebound is weak and it breaks below the 24-hour low of 0.09306 → weakness may continue
Personally, I’d rather wait for signs of stabilization before drawing a conclusion. How would you trade?
#STRK
① It stabilizes and climbs back above the breakdown level → this move looks more like a panic-driven selloff
② The rebound is weak and it breaks below the 24-hour low of 0.09306 → weakness may continue
Personally, I’d rather wait for signs of stabilization before drawing a conclusion. How would you trade?
#STRK