Here's what happened when $STRK finally cleared a ceiling that had been holding it back.
The familiar loss isn't missing the first push. It's chasing the move once it looks obvious, then having no plan if the same level fails to hold and the position is suddenly underwater.
Price moved through the $0.061 to $0.063 resistance zone and stretched to around $0.0715 on strong bullish momentum. That kind of extension can look decisive while it's printing. The quieter risk is that a first break often gets retested, and entries near $0.0715 have a thin cushion if sellers show up before the old zone proves it can act as support.
A slip back under $0.063 would turn this from a breakout into a failed push, especially if $ETH softens or $BTC stops carrying broader risk appetite. Momentum above resistance is not the same thing as acceptance above it.
Where do you think this goes if that zone gets retested?
#STRK #Altcoins #CryptoTrading
The familiar loss isn't missing the first push. It's chasing the move once it looks obvious, then having no plan if the same level fails to hold and the position is suddenly underwater.
Price moved through the $0.061 to $0.063 resistance zone and stretched to around $0.0715 on strong bullish momentum. That kind of extension can look decisive while it's printing. The quieter risk is that a first break often gets retested, and entries near $0.0715 have a thin cushion if sellers show up before the old zone proves it can act as support.
A slip back under $0.063 would turn this from a breakout into a failed push, especially if $ETH softens or $BTC stops carrying broader risk appetite. Momentum above resistance is not the same thing as acceptance above it.
Where do you think this goes if that zone gets retested?
#STRK #Altcoins #CryptoTrading