🚀 $STRK is showing a potential technical setup!
The weekly chart on Bitget displays a prolonged corrective move followed by a potential macro bottoming structure forming near current historical lows around 0.0388 USDT.
📈 The Technical Setup:
• The Pattern: Macro falling wedge / bottom base
• Short-term Target: 0.30 USDT
• Macro Objective: 0.60 USDT
• Market Structure: Potential reversal from long-term downtrend
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.0300 - 0.0388 USDT
• Resistance: 0.1500 - 0.3000 USDT
• Breakout Level: 0.0500 USDT
• Stop Loss / Invalidation: 0.0250 USDT
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Base consolidation phase
• Trend: Macro downtrend testing key support
⚠️ Invalidation:
A weekly close below 0.0250 USDT invalidates the reversal structure.
Monitor price action closely around current support zones for confirmation before entering positions.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#strk #crypto #BinanceSquare #tradingview #TechnicalAnalysis
The weekly chart on Bitget displays a prolonged corrective move followed by a potential macro bottoming structure forming near current historical lows around 0.0388 USDT.
📈 The Technical Setup:
• The Pattern: Macro falling wedge / bottom base
• Short-term Target: 0.30 USDT
• Macro Objective: 0.60 USDT
• Market Structure: Potential reversal from long-term downtrend
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.0300 - 0.0388 USDT
• Resistance: 0.1500 - 0.3000 USDT
• Breakout Level: 0.0500 USDT
• Stop Loss / Invalidation: 0.0250 USDT
📊 Confirmation:
• Volume: Neutral/standard volume
• Momentum: Base consolidation phase
• Trend: Macro downtrend testing key support
⚠️ Invalidation:
A weekly close below 0.0250 USDT invalidates the reversal structure.
Monitor price action closely around current support zones for confirmation before entering positions.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#strk #crypto #BinanceSquare #tradingview #TechnicalAnalysis
