🔥 $STRK surging +30% towards $0.098: Retest coming or breakout past $0.10?
Took a close look at the 1H $STRK/USDT chart after that massive bullish expansion from $0.068 to its recent high of $0.0985.
Price is currently holding strong around $0.0957, trading near the upper Bollinger Band. While the momentum is ultra-bullish, we are testing a psychological resistance zone between $0.0985 and $0.1000.
Here is how I’m playing this $STRK setup:
• Healthy Retest Scenario: Since price is overextended on short timeframes, looking for a potential pullback towards $0.0880 - $0.0850 (EMA7 zone) to catch a safer continuation entry.
• Bullish Breakout: A clean 1H candle close above $0.0988 opens the targets directly towards $0.1050 - $0.1120.
My Key Levels:
• Target: $0.1050 (Long) / $0.0880 (Short Scalp)
• Invalidation (SL): $0.0880 (Long) / $0.0995 (Short)
MACD shows high buyer volume, but chasing at the top near $0.098 resistance carries high risk.
Are you buying this breakout or waiting for a pull back to $0.088? Let me know your thoughts below! 👇
Not financial advice. Manage your risk properly.
#Write2Earn #STRK #Starknet #CryptoAnalysis #BinanceSquare #CryptoTrading
$$STRK
Took a close look at the 1H $STRK/USDT chart after that massive bullish expansion from $0.068 to its recent high of $0.0985.
Price is currently holding strong around $0.0957, trading near the upper Bollinger Band. While the momentum is ultra-bullish, we are testing a psychological resistance zone between $0.0985 and $0.1000.
Here is how I’m playing this $STRK setup:
• Healthy Retest Scenario: Since price is overextended on short timeframes, looking for a potential pullback towards $0.0880 - $0.0850 (EMA7 zone) to catch a safer continuation entry.
• Bullish Breakout: A clean 1H candle close above $0.0988 opens the targets directly towards $0.1050 - $0.1120.
My Key Levels:
• Target: $0.1050 (Long) / $0.0880 (Short Scalp)
• Invalidation (SL): $0.0880 (Long) / $0.0995 (Short)
MACD shows high buyer volume, but chasing at the top near $0.098 resistance carries high risk.
Are you buying this breakout or waiting for a pull back to $0.088? Let me know your thoughts below! 👇
Not financial advice. Manage your risk properly.
#Write2Earn #STRK #Starknet #CryptoAnalysis #BinanceSquare #CryptoTrading
$$STRK