$STRK
USDT BEARISH PULLBACK EXPECTED TOWARD SUPPORT ZONE
$STRK is facing rejection near the upper resistance area after a strong impulsive rally, indicating weakening bullish momentum on lower timeframes. The chart structure suggests a possible corrective move before any further continuation, especially if sellers maintain pressure below the recent high zone.
A breakdown below immediate intraday support can push the pair toward the 0.0540 demand area, where buyers may attempt another recovery. Volume behavior also indicates profit-taking after the sharp upside expansion.
Short Entry: 0.0552 - 0.0558
Targets:
TP1: 0.0545
TP2: 0.0540
TP3: 0.0532
Stop Loss: 0.0572
If the support around 0.0540 fails to hold, bearish momentum may extend toward deeper liquidity zones.
Risk Management:
Use strict stop loss placement and avoid risking more than 1-2% capital on a single trade.