$STRK is showing a SHORT rejection setup after a strong impulsive rally pushed into the $0.03000 resistance/liquidity zone and started losing momentum.
Sellers are appearing around $0.02975–$0.03005, while buyers remain active below $0.02930. A rejection from the recent high favors a pullback rather than chasing the pump.
EP: $0.02975–$0.03005
TP1: $0.02920
TP2: $0.02860
TP3: $0.02790
SL: $0.03045
The recent move appears to have swept nearby highs around $0.03000 before multiple candles stalled, creating a potential liquidity-rejection setup. The key invalidation is a strong 15m close above $0.03045; if that happens, the short setup should be abandoned. From the entry zone to TP2, the approximate risk/reward is around 1:2.5.
Most realistic setup: SHORT on rejection/retest of $0.02975–$0.03005 — not a market short at $0.02956.
Sellers are appearing around $0.02975–$0.03005, while buyers remain active below $0.02930. A rejection from the recent high favors a pullback rather than chasing the pump.
EP: $0.02975–$0.03005
TP1: $0.02920
TP2: $0.02860
TP3: $0.02790
SL: $0.03045
The recent move appears to have swept nearby highs around $0.03000 before multiple candles stalled, creating a potential liquidity-rejection setup. The key invalidation is a strong 15m close above $0.03045; if that happens, the short setup should be abandoned. From the entry zone to TP2, the approximate risk/reward is around 1:2.5.
Most realistic setup: SHORT on rejection/retest of $0.02975–$0.03005 — not a market short at $0.02956.
