$STRAX coin today $0.02099 (Rs 5.88) is trading and showing a correction of -6.59% in the last 24 hours.
The sentiment is bearish, but the order book is almost balanced (Buyers: 50.93%, Sellers: 49.07%), which indicates that buyers are slightly accumulating. Support, meaning the critical level below, is seen in the area of $0.02091-0.02092**. If this also breaks, the next support **$0.02064 (24h low) could be approached.
Resistance, meaning the first major barrier above, has now come around $0.02103-0.02105. Moving averages are also on a downward slope, confirming the selling pressure. Layer 1/2 projects have long-term potential but are affected by short-term market sentiment. If you consider this dip as an accumulation phase, wait for a strong support hold. Patience is key in building!
