Starknet (STRK) is drawing attention after a strong rally, with STRK/USDT trading near $0.06965, up approximately 24.33% in 24 hours, according to the supplied Binance screenshots.

Trading volume has also been elevated, putting the spotlight on whether buyers can push the price higher or whether the market needs a cooldown.

Let's break down the 1H and 1D charts.

📊 1H CHART ANALYSIS — Short-Term Pressure

Current price: $0.06965

The 1H chart shows the following moving averages:

  • MA(7): $0.07275

  • MA(25): $0.06796

  • MA(99): $0.05599

STRK is currently below its 7-period moving average but remains above its 25-period and 99-period averages.

This suggests that short-term momentum has cooled after the rally, even though the broader structure on this timeframe remains constructive.

Key 1H levels:

  • Resistance: $0.07275

  • Major resistance: $0.07716

  • Near support: $0.06796

  • Lower support: $0.061–$0.056

A move back above $0.07275 could signal renewed short-term strength. If price loses the $0.06796 area, traders may watch for a deeper pullback.

📈 1D CHART ANALYSIS — Broader Bullish Structure

The daily chart presents a stronger picture:

  • MA(7): $0.05598

  • MA(25): $0.04448

  • MA(99): $0.03174

STRK is trading above all three daily moving averages, indicating strong upward momentum on the broader timeframe.

However, the price has moved sharply in a short period. Daily bullish momentum does not rule out volatility or profit-taking.

Key 1D levels:

  • Immediate resistance: $0.07716

  • Support zone: $0.056–$0.055

  • Deeper support: $0.0445

A sustained move above $0.07716 could strengthen the breakout case. Failure to hold support could weaken the current setup.

🐂 BULLISH SCENARIO

If STRK regains $0.07275 and then breaks above $0.07716 with convincing volume, traders may look for further continuation.

🐻 PULLBACK SCENARIO

If sellers remain active below $0.07275, STRK could revisit $0.06796 or lower support areas. A strong rally can reverse quickly, so chasing green candles carries risk.

🔍 FINAL TAKE

The 1H chart signals a short-term cooldown, while the 1D chart remains bullish based on the displayed moving averages.

The next key question is whether buyers can reclaim $0.07275 and challenge the $0.07716 high.

What do you think? 🚀

Will STRK break above $0.07716, or will profit-taking push it lower first?

Share your analysis below. 👇

Disclaimer: This post is for educational purposes only and uses the supplied Binance screenshots. It is not financial advice or a buy/sell recommendation. Cryptocurrency markets are volatile, and perpetual futures involve leverage and liquidation risks. Always conduct your own research.

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