$STRK
I would not short immediately at 0.05845 because you're already close to support. Better risk/reward is to wait for a push into 0.0590–0.0592 + rejection, then short.
Invalidation: A strong 5M candle close above 0.0593–0.0594 would weaken the short idea and could trigger a move toward 0.0600+.
Overall: Your blue projection is technically reasonable, but the important confirmation is rejection from 0.0592 followed by a break of 0.0580.
#DriftHackVictimsBeginClaims #EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%
I would not short immediately at 0.05845 because you're already close to support. Better risk/reward is to wait for a push into 0.0590–0.0592 + rejection, then short.
Invalidation: A strong 5M candle close above 0.0593–0.0594 would weaken the short idea and could trigger a move toward 0.0600+.
Overall: Your blue projection is technically reasonable, but the important confirmation is rejection from 0.0592 followed by a break of 0.0580.
#DriftHackVictimsBeginClaims #EthereumValidatorExitQueueJumps392% #SECHaltsCryptoETFReviewsAmidFundingLapse #GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17%