$STRK remains bearish. The recent rebound from 0.071 to 0.098 was rejected, indicating that sellers are still in control.
· Current price (0.081) is trading below EMA9 (0.084) and EMA21 (0.087). Additionally, EMA9 has crossed below EMA21, confirming the bearish “death cross” signal.
· Open interest (OI): Increased during the recent rebound. Since the price fell from 0.098 to 0.081 without a significant decline in OI, this suggests that shorts are adding to their positions or longs are trapped. This reinforces the continuation of the downtrend.
$STRK Prioritize short positions
· Short entry: 0.082–0.085
Wait for the price to retest EMA9 resistance and turn lower
· Stop loss: Above 0.087
· Take profit:
· TP1: 0.078
· TP2: 0.072 (retest of the previous low)
Support me by trading here 👇#strk #starknet
· Current price (0.081) is trading below EMA9 (0.084) and EMA21 (0.087). Additionally, EMA9 has crossed below EMA21, confirming the bearish “death cross” signal.
· Open interest (OI): Increased during the recent rebound. Since the price fell from 0.098 to 0.081 without a significant decline in OI, this suggests that shorts are adding to their positions or longs are trapped. This reinforces the continuation of the downtrend.
$STRK Prioritize short positions
· Short entry: 0.082–0.085
Wait for the price to retest EMA9 resistance and turn lower
· Stop loss: Above 0.087
· Take profit:
· TP1: 0.078
· TP2: 0.072 (retest of the previous low)
Support me by trading here 👇#strk #starknet