STRK
STRKUSDT
0.0927
-1.27%

Summary of STRK (1D Frame)

-$STRK is in a booming growth trend ($Parabolic\ Rise$) with extremely strong momentum.

-The current price position is far above all Moving Averages (MA 7, 25, 99), confirming a long-term uptrend that has been established and is very strong.

-Trading volume is extremely high during the up sessions, indicating that large money is participating and reinforcing the upward momentum.

-Conclusion: Although the trend is upward and positive, the risk of a deep correction is very high due to the coin having grown too hot after the uptrend.

=>Support Levels

*These are the thresholds that need to be protected in case of a correction:

-Immediate Support (Price Base): $0.2000 USD

-Significance: This is a psychological price level and the nearest price base that $STRK$ has consolidated after the initial bounce.

-Dynamic Support (MA 7): $0.1372 USD

-Significance: The strongest dynamic support level currently. In a strong uptrend, prices often revert to short-term MAs to bounce back.

-Large Support (MA 99): $0.1362 USD

-Significance: An important long-term support threshold. If the price breaks this level, the long-term uptrend will be invalidated.

=>Resistance Levels

*Since $STRK$ is at its highest price range (ATH), resistances are often psychological levels:

-Nearest Resistance (Local Peak): 0.3000 USD (Or 0.29 - the highest peak $STRK has recently touched).

-Significance: This is a strong profit-taking zone and a level that needs to be broken to continue the upward momentum.

-Next Psychological Resistance: 0.3500 - 0.4000 USD

-Significance: Round price levels (psychological levels) that traders often use to place profit-taking orders.