$STRK is now up 49.2% in 7 days, and it is 3.3% from its weekly high. 14 hours ago I said the level to hold was 0.05349. It held.
Then: 0.05602. Now: 0.05888. That is another 5.1% since my last post, and price never needed to test the level I named.
The volume picture changed too. The 24h volume is about 21.9M USDT, lower than the 27.4M I noted last time, but it is still 2.97x its 7-day average. So the move is still drawing far more trading than a normal day, just less than at the peak of the burst.
Hourly RSI is 64.8: strong, not yet stretched. BTC is up 1.45% and Fear & Greed rose to 70 (Greed), so the market is helping, but a 49% week is STRK's own story.
Updated view: the trend is intact. The next test is the 7-day high at 0.06086. A clean move above it on rising volume would be a new leg.
The level that now matters is 0.05602, my last post's price. A fall back under it would mean the follow-through is fading.
#Starknet #WeeklyHigh
Then: 0.05602. Now: 0.05888. That is another 5.1% since my last post, and price never needed to test the level I named.
The volume picture changed too. The 24h volume is about 21.9M USDT, lower than the 27.4M I noted last time, but it is still 2.97x its 7-day average. So the move is still drawing far more trading than a normal day, just less than at the peak of the burst.
Hourly RSI is 64.8: strong, not yet stretched. BTC is up 1.45% and Fear & Greed rose to 70 (Greed), so the market is helping, but a 49% week is STRK's own story.
Updated view: the trend is intact. The next test is the 7-day high at 0.06086. A clean move above it on rising volume would be a new leg.
The level that now matters is 0.05602, my last post's price. A fall back under it would mean the follow-through is fading.
#Starknet #WeeklyHigh
