$STRAX /USDT – Price Action Update
STRAX is trading around 0.02178 USDT, up +10.9% in the last 24H. After a strong impulsive move, price is now cooling off and correcting in a healthy manner. Structure remains constructive as long as price holds above key support, with momentum resetting rather than breaking down.
Trend Overview
Post-spike consolidation after strong upside impulse
Holding above EMA(99), while trading below short-term EMA(7/25)
Market is stabilizing and preparing for the next move
Key Levels
Support: 0.0212
Major Support: 0.0202
Resistance: 0.0225
Major Resistance: 0.0240 – 0.0259
Scenarios
Bullish hold: If 0.0212 holds, price can push toward
TG1: 0.0225
TG2: 0.0240
Pullback risk: Loss of 0.0212 opens a retest of 0.0202
Invalidation
A strong close below 0.0202 would invalidate the bullish structure and signal a full fade of the pump.
Bias
Neutral to slightly bullish. Patience is key—wait for clear support confirmation before considering long entries.
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