I’m looking at $STRK /USDT showing clear short-term weakness after a sharp drop, followed by a partial recovery that has now stalled. Price is sitting at 0.08499, below the visible MA60 at 0.08549, so I’m not convinced buyers have regained control yet.
The key area I’m watching is 0.08477–0.08436 for support, while 0.08518 and 0.08549 are the nearby resistance levels. The latest rejection near 0.0852 suggests upside momentum is still fragile.
📍 Entry: 0.08515–0.08549, only if price retests this area and shows clear rejection for a short setup.
🎯 TP1: 0.08477 🎯 TP2: 0.08436 🎯 TP3: 0.08222 — the visible 24-hour low, but it’s a more ambitious target.
🛑 Invalidation: Above 0.08558.
If price reclaims 0.08558 and holds above it, I’d step away from this short idea because the bearish structure could be weakening.
For me, patience matters here. The trend looks weak, but I’d rather wait for a confirmed rejection than enter simply because price has fallen.
The key area I’m watching is 0.08477–0.08436 for support, while 0.08518 and 0.08549 are the nearby resistance levels. The latest rejection near 0.0852 suggests upside momentum is still fragile.
📍 Entry: 0.08515–0.08549, only if price retests this area and shows clear rejection for a short setup.
🎯 TP1: 0.08477 🎯 TP2: 0.08436 🎯 TP3: 0.08222 — the visible 24-hour low, but it’s a more ambitious target.
🛑 Invalidation: Above 0.08558.
If price reclaims 0.08558 and holds above it, I’d step away from this short idea because the bearish structure could be weakening.
For me, patience matters here. The trend looks weak, but I’d rather wait for a confirmed rejection than enter simply because price has fallen.