$STRAX Rejection From Local Resistance Suggests a Potential Move Toward Lower Support

Trade Setup: Short

Entry Zone: 0.01220 - 0.01240

TP1: 0.01170

TP2: 0.01110

TP3: 0.01050

SL: 0.01310

STRAX is struggling to reclaim the recent resistance zone after a sharp rally, with sellers repeatedly rejecting higher prices. The current structure favors a corrective move lower unless buyers can break and hold above the rejection area.

STRAX
STRAX
0.01134
+21.54%

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