๐ STRK โ SHARP CORRECTION & MOVING AVERAGE RETRACEMENT! ๐ป
$STRK (Starknet Token) is trading lower at 0.09285 (-17.28%, or roughly Rs25.72), moving within an active 24-hour range between a high of 0.12660 and a low of 0.09184. Price action on this 4-hour chart displays a sharp cooling pullback following the recent explosive peak resistance near 0.12660, currently dropping sharply below the fast MA(7) (0.10997) while testing the rising MA(25) (0.08841) support band and holding safely above the macro structural MA(99) (0.05702) line.
๐ QUICK TRADE PLAN โ 4H
๐ด SHORT ENTRY: 0.10200โ0.11000 (on weak relief bounces or retests toward the broken short-term moving average resistance)
๐ STOP LOSS: 0.11750
๐ฏ TP1: 0.08400
๐ฏ TP2: 0.07200
Are you buying this Starknet dip near the MA(25) support zone, or waiting for deeper stabilization? Let's discuss below! ๐
๐ Trade: $STRK
#STRK #Starknet #cryptotrading #BinanceSquare #bearish
$STRK (Starknet Token) is trading lower at 0.09285 (-17.28%, or roughly Rs25.72), moving within an active 24-hour range between a high of 0.12660 and a low of 0.09184. Price action on this 4-hour chart displays a sharp cooling pullback following the recent explosive peak resistance near 0.12660, currently dropping sharply below the fast MA(7) (0.10997) while testing the rising MA(25) (0.08841) support band and holding safely above the macro structural MA(99) (0.05702) line.
๐ QUICK TRADE PLAN โ 4H
๐ด SHORT ENTRY: 0.10200โ0.11000 (on weak relief bounces or retests toward the broken short-term moving average resistance)
๐ STOP LOSS: 0.11750
๐ฏ TP1: 0.08400
๐ฏ TP2: 0.07200
Are you buying this Starknet dip near the MA(25) support zone, or waiting for deeper stabilization? Let's discuss below! ๐
๐ Trade: $STRK
#STRK #Starknet #cryptotrading #BinanceSquare #bearish