I’m watching $STRK after a strong bullish push that has now faced clear rejection from the top resistance zone. Price is pulling back sharply, and momentum is starting to weaken.
Right now it looks like buyers are losing control and sellers are stepping in.
💰 Entry Zone: 0.0410 – 0.0420
🎯 Target 1: 0.0400
🎯 Target 2: 0.0392
🎯 Target 3: 0.0386
🛑 Stop Loss: 0.0429
📊 Why this setup works:
I’m seeing a rejection from resistance after a fast bullish move, which often signals profit-taking and exhaustion at the top. Price is failing to hold highs and is now showing stronger selling pressure.
When momentum fades after a sharp rally, the market usually rotates back toward support to rebalance liquidity. That’s what I’m expecting here if sellers stay in control.
As long as price stays below 0.0429, the bearish structure remains valid. If it breaks above, I step out because the rejection idea is invalidated.
#JustinSunSuesWorldLibertyFinancial