Short Opportunity
#STRK That bounce from 0.03016 was weak, and I'm not buying this fake recovery.
I've seen this pattern too many times – a quick bounce, then sellers step back in.
📉 Short
$STRK Entry: 0.03030–0.03050
SL: 0.03100
TP1: 0.03000
TP2: 0.02970
TP3: 0.02930
The price is sitting at 0.03037, but the overall trend is still clearly downward from the 0.03173 high. The bounce from 0.03016 was weak, and the volume is drying up – classic signs of a dead cat bounce. The rejection from the upper levels is sharp, and I think we're headed back down to test the recent lows. With the 24h high at 0.03173 already failing to hold, there's a lot of selling pressure waiting above.
Watch 0.03000 – if that breaks, we could see a quick drop toward 0.02970 and 0.02930. A move back above 0.03100 would invalidate this setup, but as long as bears control the action, I'm comfortable riding this down.
$DEXE $BANK Short Here 👇🏻