đš $STRK has lost its H1 bullish structure, but Iâm not chasing a Short after the drop.
The analyzed H1 candle closed at $0.05321, confirming a break below $0.05674 and the earlier $0.05401 support.
đŽ BEARISH BIAS â NO ENTRY YET: Iâm waiting for a bounce into $0.05600â$0.05674 and a failed retest, with SL at $0.05950, TP1 at $0.05250 and TP2 at $0.04980.
That gives roughly 2.10:1 R to TP2 from the entry midpoint; an H1 close above $0.05936 invalidates the thesisâwill sellers defend the retest zone? đ
$STRK #Wyckoff #SMC â Paper analysis only, not financial advice.
The analyzed H1 candle closed at $0.05321, confirming a break below $0.05674 and the earlier $0.05401 support.
đŽ BEARISH BIAS â NO ENTRY YET: Iâm waiting for a bounce into $0.05600â$0.05674 and a failed retest, with SL at $0.05950, TP1 at $0.05250 and TP2 at $0.04980.
That gives roughly 2.10:1 R to TP2 from the entry midpoint; an H1 close above $0.05936 invalidates the thesisâwill sellers defend the retest zone? đ
$STRK #Wyckoff #SMC â Paper analysis only, not financial advice.
