$STRK At 0.083, I’ve been watching this level all day.
The current price is 0.08288, up +12.87% over the past 24 hours. The upper wick at the intraday high isn’t very long, which suggests selling pressure isn’t as heavy as expected. The key level is 0.085—several previous attempts to push higher were rejected there. Whether it can hold above that level will determine if this move is a bounce or a reversal. I consider 0.078 support; if it breaks below that, I’ll reduce my position.
I added to my position around 0.081 this morning, and I’m still holding. My stop-loss is set at 0.0775. I’m not chasing the price—I’ll wait and see what it does.
The current price is 0.08288, up +12.87% over the past 24 hours. The upper wick at the intraday high isn’t very long, which suggests selling pressure isn’t as heavy as expected. The key level is 0.085—several previous attempts to push higher were rejected there. Whether it can hold above that level will determine if this move is a bounce or a reversal. I consider 0.078 support; if it breaks below that, I’ll reduce my position.
I added to my position around 0.081 this morning, and I’m still holding. My stop-loss is set at 0.0775. I’m not chasing the price—I’ll wait and see what it does.