STRK just changed the structure, and the breakout is now the level to watch.
$STRK is trading around $0.05575, up strongly from the recent consolidation zone. The daily Supertrend has flipped higher to $0.03981, keeping the broader trend constructive.
Here’s my map:
Current: $0.05575
Support: $0.0500–$0.0520
Key support: $0.0450–$0.0460
Breakout level: $0.0596–$0.0600
Target 1: $0.0650
Target 2: $0.0700
Target 3: $0.0800
The important level is $0.0600.
STRK has already pushed into $0.05962, so a clean daily close above this area could confirm another leg higher.
I would not chase the current candle. A retest of $0.050–$0.052 that holds would give the setup a much cleaner risk structure.
Above $0.060, STRK gets very interesting.
#STRK
$STRK is trading around $0.05575, up strongly from the recent consolidation zone. The daily Supertrend has flipped higher to $0.03981, keeping the broader trend constructive.
Here’s my map:
Current: $0.05575
Support: $0.0500–$0.0520
Key support: $0.0450–$0.0460
Breakout level: $0.0596–$0.0600
Target 1: $0.0650
Target 2: $0.0700
Target 3: $0.0800
The important level is $0.0600.
STRK has already pushed into $0.05962, so a clean daily close above this area could confirm another leg higher.
I would not chase the current candle. A retest of $0.050–$0.052 that holds would give the setup a much cleaner risk structure.
Above $0.060, STRK gets very interesting.
#STRK
