$STRK is up ~ +300% in 4 weeks. One catalyst. One trap.
The catalyst: Starknet is considering ditching Ethereum to become its own L1 — targeting quantum resistance by 2027. The market loves the narrative. Be wise, stay woke!!
The numbers:
· +300% in 4 weeks
· Volume up 11x
· Market cap: $360M → $807M
The trap:
· RSI at 87 (extremely overbought)
· 127M STRK unlock on Oct 15
· TVL down ~50%
· No governance vote yet
Levels to watch:
· Resistance: $0.117–$0.121
· Support: $0.090, then $0.060
Bottom line: Strong narrative, fragile setup. Breakout or exit liquidity?
Buy, fade, or wait for the unlock? 👇
$STRK #Starknet #QuantumSecurity
Not financial advice.
The catalyst: Starknet is considering ditching Ethereum to become its own L1 — targeting quantum resistance by 2027. The market loves the narrative. Be wise, stay woke!!
The numbers:
· +300% in 4 weeks
· Volume up 11x
· Market cap: $360M → $807M
The trap:
· RSI at 87 (extremely overbought)
· 127M STRK unlock on Oct 15
· TVL down ~50%
· No governance vote yet
Levels to watch:
· Resistance: $0.117–$0.121
· Support: $0.090, then $0.060
Bottom line: Strong narrative, fragile setup. Breakout or exit liquidity?
Buy, fade, or wait for the unlock? 👇
$STRK #Starknet #QuantumSecurity
Not financial advice.