📉 $STRK loses support and the L1 debate is stirring up fear — I’m selling the fear
- The rally is over for today: STRK -7%, testing support after +24% in 30 days and +82% in 90 days
- Price is 15.9% below the 4h EMA50 ($0.0614): the broader trend is weighing on it and won’t let up
- Volume is 73.2% below yesterday’s: the drop doesn’t even have the volume to slow it down
- The order book shows $1.45M in buys versus $0.67M in sells within ±2%: there are buyers at the $0.05 support, but the price isn’t bouncing
- The debate over Starknet as an independent L1 is creating uncertainty: today’s hot narrative
- DEX volume -11.3% ($7.87B according to DefiLlama): activity is cooling along with the price
With the price 15.9% below the 4h EMA50 and volume 73% below yesterday’s, the bounce is flimsy: the area above is where you sell.
📊 STRK signal — SHORT
📍 Current price: $0.05161
🎯 Zone: $0.05161–$0.05205 (dist. 0.0%)
Enter with a limit order and scale in 50/50: half at $0.05183 and half at $0.05205.
Set the 🛑 stop loss at $0.05232 (-0.94%), confirmed BEFORE entering, with 2% of capital at risk.
✅ TP1 at $0.05110, the 24h low: take profit on 50% and leave the rest with zero risk.
🏁 TP2 at $0.04955 is the 1.414 extension of the move: the measured leg if the $0.05 support breaks.
R/R: 1:1.50 · 1:4.68.
⏳ Valid: next 8h or as long as $0.05232 holds.
Will STRK lose $0.05, or will support hold and send it back into the zone?
Check the chart and decide — live price here 👇 STRK
STRK #Starknet #Layer2 #Trading
This is a plan, not financial advice.
- The rally is over for today: STRK -7%, testing support after +24% in 30 days and +82% in 90 days
- Price is 15.9% below the 4h EMA50 ($0.0614): the broader trend is weighing on it and won’t let up
- Volume is 73.2% below yesterday’s: the drop doesn’t even have the volume to slow it down
- The order book shows $1.45M in buys versus $0.67M in sells within ±2%: there are buyers at the $0.05 support, but the price isn’t bouncing
- The debate over Starknet as an independent L1 is creating uncertainty: today’s hot narrative
- DEX volume -11.3% ($7.87B according to DefiLlama): activity is cooling along with the price
With the price 15.9% below the 4h EMA50 and volume 73% below yesterday’s, the bounce is flimsy: the area above is where you sell.
📊 STRK signal — SHORT
📍 Current price: $0.05161
🎯 Zone: $0.05161–$0.05205 (dist. 0.0%)
Enter with a limit order and scale in 50/50: half at $0.05183 and half at $0.05205.
Set the 🛑 stop loss at $0.05232 (-0.94%), confirmed BEFORE entering, with 2% of capital at risk.
✅ TP1 at $0.05110, the 24h low: take profit on 50% and leave the rest with zero risk.
🏁 TP2 at $0.04955 is the 1.414 extension of the move: the measured leg if the $0.05 support breaks.
R/R: 1:1.50 · 1:4.68.
⏳ Valid: next 8h or as long as $0.05232 holds.
Will STRK lose $0.05, or will support hold and send it back into the zone?
Check the chart and decide — live price here 👇 STRK
STRK #Starknet #Layer2 #Trading
This is a plan, not financial advice.