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$STRK still holding a solid bullish trend overall, but yeah, it's in a little correction phase within that uptrend. Overall, I'm cautiously bullish, eyeing a breakout over that resistance. Nothing too crazy, just breathing room after the push.
Price action's
$STRK interesting: Got turned away at the 24h high of 0.0802, now it's hanging out and consolidating above 0.079. It's tested that 0.080-0.0805 resistance a few times, and buyers keep showing up – feels like building pressure. Plus, that candle hit a low of 0.0764, which seems like a solid swing low, and we've got higher lows since then. Smells like accumulation to me, you know?
Looking at volumes, they've been ramping up on those green moves, like that one candle with a hefty 18.6M volume tagging along with the price bump. And the 24h total at 232M? That's telling me there's genuine action and interest from traders.
On the money flow side, short-term inflows are looking strong – 274k in the last hour, 659k over 4 hours in USDT, which really supports more upside potential. Though, the 24h net is showing an outflow of about -79.8k, probably folks locking in some gains. For shorter trades like 1h setups, those inflows are still outweighing the longer stuff, so it's positive in my book.
Long Entry ideas
$STRK : If you're feeling aggressive, grab it around 0.0795-0.0798 during this dip, but confirm with a nice green close on the 1h chart.
More conservative? Wait for a clean break above 0.08043 (that's Resistance) with some volume pop, maybe 15M or more per candle.
Stop loss at 0.0774 – that's breaking S1 support, and it keeps risk around 3.5% if entering at 0.0798.
Profits: TP1 at 0.08167 (resistance), then TP2 at 0.08343 (next resistance)
#strk #strkusdt #STARKNET