#strax/usdt Market Update (15m Timeframe)
๐ฐ Current Price: 0.01563 USDT
๐ 24h Change: -1.01%
๐ผ 24h High: 0.01602
๐ฝ 24h Low: 0.01558
๐ RSI (6): 38.19 (Approaching oversold zone)
๐ Technical Overview:
Price is moving in a short-term downtrend with lower highs and lower lows.
RSI below 40 suggests weak momentum, but not fully oversold yet.
Immediate support near 0.01558.
Resistance area around 0.01585 โ 0.01600.
๐ Possible Scenarios:
โ Bullish Bounce: If price holds above 0.01558 and RSI recovers above 45, a move toward 0.01590โ0.01600 is possible.
โ Further Drop: A breakdown below 0.01555 may push price toward the next support zone around 0.01530.
โ ๏ธ Trade carefully and manage risk. Always use stop-loss.
This is not financial advice โ do your own research (DYOR).
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