$STRK â 1H đ
STRK is showing a clean bullish structure after pushing through the recent range. The price is now sitting just below the 0.05090 high.
Current: 0.04961
Supertrend: 0.04318 đą
Resistance: 0.05090 â 0.05157
Support: 0.04865 â 0.04574 â 0.04318
đą Preferred long: 0.0478â0.0490 on a retest
đ SL: 0.0460
đŻ TP1: 0.05090
đŻ TP2: 0.0530
đŻ TP3: 0.0550â0.0570
The important part is 0.04865. If buyers keep defending this zone, the structure remains strong. A clean 1H close above 0.05090 would open the way toward the next resistance area.
I wouldnât chase at 0.0496 after the 17.8% move. The better risk/reward is a retest and hold.
The order book is 66.8% asks, so confirmation is important here. Current market data also shows STRK trading near the $0.05 area with elevated volume.
Bias: Bullish above 0.0460, stronger above 0.05090.
#STRK
STRK is showing a clean bullish structure after pushing through the recent range. The price is now sitting just below the 0.05090 high.
Current: 0.04961
Supertrend: 0.04318 đą
Resistance: 0.05090 â 0.05157
Support: 0.04865 â 0.04574 â 0.04318
đą Preferred long: 0.0478â0.0490 on a retest
đ SL: 0.0460
đŻ TP1: 0.05090
đŻ TP2: 0.0530
đŻ TP3: 0.0550â0.0570
The important part is 0.04865. If buyers keep defending this zone, the structure remains strong. A clean 1H close above 0.05090 would open the way toward the next resistance area.
I wouldnât chase at 0.0496 after the 17.8% move. The better risk/reward is a retest and hold.
The order book is 66.8% asks, so confirmation is important here. Current market data also shows STRK trading near the $0.05 area with elevated volume.
Bias: Bullish above 0.0460, stronger above 0.05090.
#STRK
