$STRK
đšđš The current bounce is nothing more than a cheap bull trap that's about to end in absolute tears. The price is still sitting below all moving averages, the MACD is heavily bearish, and the weak RSI confirms that sellers are still fully in control
The volume on those last few green candles is proper flaky and doesn't back up any genuine reversal. Anyone buying right now is just walking straight into the next liquidation slaughterhouse
âEntry: Short at 0.09000
âStop-Loss: Tightly tucked at 0.09450
âTargets: First profit target at 0.08000, with a final target down at 0.07000
$STRK
âThe killer reason here is that the 27% dump exposed a severe structural weakness in demand, with every single relief rally getting battered by stronger selling pressure that keeps dragging the price down to lower lows
History shows that layer-2 tokens following these kinds of brutal crashes enter a prolonged downtrend that completely bleeds optimistic buyers dry
$STRK
The bounce is temporary, the real bloodbath hasn't even started yet, and shorting right now is the only move to protect your capital before the next major leg down
#STRKToken #Market_Update
đšđš The current bounce is nothing more than a cheap bull trap that's about to end in absolute tears. The price is still sitting below all moving averages, the MACD is heavily bearish, and the weak RSI confirms that sellers are still fully in control
The volume on those last few green candles is proper flaky and doesn't back up any genuine reversal. Anyone buying right now is just walking straight into the next liquidation slaughterhouse
âEntry: Short at 0.09000
âStop-Loss: Tightly tucked at 0.09450
âTargets: First profit target at 0.08000, with a final target down at 0.07000
$STRK
âThe killer reason here is that the 27% dump exposed a severe structural weakness in demand, with every single relief rally getting battered by stronger selling pressure that keeps dragging the price down to lower lows
History shows that layer-2 tokens following these kinds of brutal crashes enter a prolonged downtrend that completely bleeds optimistic buyers dry
$STRK
The bounce is temporary, the real bloodbath hasn't even started yet, and shorting right now is the only move to protect your capital before the next major leg down
#STRKToken #Market_Update