$STRK STRK is under heavy selling pressure, and an upcoming token unlock adds another risk for bulls. The price has fallen around 12% in your screenshot, while technical indicators show a strong sell signal. Approximately 127 million STRK were scheduled to unlock around October 15, increasing potential supply pressure.
Investing.com +2
Bias: SHORT — on a rebound rejection.
Entry: $0.0715 – $0.0730
TP1: $0.0670
TP2: $0.0640
TP3: $0.0600
SL: $0.0760
Confirmation: A rejection below $0.0730 supports the bearish setup. If STRK reclaims $0.0760 with strong buying volume, invalidate the short.
STRK is volatile after its recent rally. Avoid chasing a sharp drop; wait for a rebound and manage position size carefully.
Investing.com +2
Bias: SHORT — on a rebound rejection.
Entry: $0.0715 – $0.0730
TP1: $0.0670
TP2: $0.0640
TP3: $0.0600
SL: $0.0760
Confirmation: A rejection below $0.0730 supports the bearish setup. If STRK reclaims $0.0760 with strong buying volume, invalidate the short.
STRK is volatile after its recent rally. Avoid chasing a sharp drop; wait for a rebound and manage position size carefully.