$STRK : 10.7% Drop + Liquidity Sweep — Is Another Leg Lower Coming?
$STRK remains under strong bearish pressure after falling 10.7% over the last 24H. The latest liquidity sweep below $0.05184 has not produced a convincing bullish reversal, keeping the downside structure intact.
My bias remains bearish.
The 1H structure continues to print lower highs and lower lows, while the weekly and BTC trends are also bearish. Unless STRK can reclaim and close above the $0.05363 swing-high level, rallies remain vulnerable to further selling.
Key market structure
Current: ~$0.05195
Liquidity edge: $0.05123
Resistance: $0.05444–$0.05496
Trend invalidation: $0.05363
Downside levels
TP1: $0.04956
TP2: $0.04861
TP3: $0.04508
Extension: $0.04063
Trading Plan:
Preferred short entry:
Wait for a weak retest into $0.05444–$0.05496 followed by clear rejection.
Alternative setup:
A confirmed breakdown below $0.05123 with bearish engulfing or a lower-timeframe market-structure shift can provide continuation confirmation.
Avoid chasing shorts directly at the current lows. The better risk/reward comes from waiting for a relief bounce and rejection.
Why the bearish setup remains valid:
OI has fallen 28.2% to $17.5M over 24H, showing significant deleveraging alongside the price decline. Funding is slightly positive at +0.0010%, while taker flow is only 1.04x, providing no strong evidence of aggressive buyer control.
Large-order flow also shows selling pressure, with approximately $78K in whale selling observed
The key level to watch is $0.05363.
Below it, the bearish structure remains intact and bounces can continue to offer short opportunities
A 1H close above $0.05363 would invalidate this bearish thesis and signal that a potential structure reversal is developing.
Flow: OI $17.5M (-28.2% 24H) | Funding +0.0010% | Taker Flow 1.04x | Whale Flow: ~$78K Sell
Data-based market analysis, not investment advice. Always verify live market data before entering a trade.
CHILL-WITH-CRYPTO
#STRK #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis
$STRK remains under strong bearish pressure after falling 10.7% over the last 24H. The latest liquidity sweep below $0.05184 has not produced a convincing bullish reversal, keeping the downside structure intact.
My bias remains bearish.
The 1H structure continues to print lower highs and lower lows, while the weekly and BTC trends are also bearish. Unless STRK can reclaim and close above the $0.05363 swing-high level, rallies remain vulnerable to further selling.
Key market structure
Current: ~$0.05195
Liquidity edge: $0.05123
Resistance: $0.05444–$0.05496
Trend invalidation: $0.05363
Downside levels
TP1: $0.04956
TP2: $0.04861
TP3: $0.04508
Extension: $0.04063
Trading Plan:
Preferred short entry:
Wait for a weak retest into $0.05444–$0.05496 followed by clear rejection.
Alternative setup:
A confirmed breakdown below $0.05123 with bearish engulfing or a lower-timeframe market-structure shift can provide continuation confirmation.
Avoid chasing shorts directly at the current lows. The better risk/reward comes from waiting for a relief bounce and rejection.
Why the bearish setup remains valid:
OI has fallen 28.2% to $17.5M over 24H, showing significant deleveraging alongside the price decline. Funding is slightly positive at +0.0010%, while taker flow is only 1.04x, providing no strong evidence of aggressive buyer control.
Large-order flow also shows selling pressure, with approximately $78K in whale selling observed
The key level to watch is $0.05363.
Below it, the bearish structure remains intact and bounces can continue to offer short opportunities
A 1H close above $0.05363 would invalidate this bearish thesis and signal that a potential structure reversal is developing.
Flow: OI $17.5M (-28.2% 24H) | Funding +0.0010% | Taker Flow 1.04x | Whale Flow: ~$78K Sell
Data-based market analysis, not investment advice. Always verify live market data before entering a trade.
CHILL-WITH-CRYPTO
#STRK #CryptoTrading #Altcoins #BinanceSquare #CryptoAnalysis