$STRK is a SHORT here because the catalyst already fired. The Shinobi privacy upgrade gave Starknet its emotional bid, but the move is now fading while traders digest profit-taking and a reported 1.5B STRK transfer to a multisig wallet. That is exactly how news pumps turn into cleanup trades.
The chart confirms it. On 4h, STRK failed after the 0.0503 spike and is slipping back toward the 0.0432 reclaim zone. On 15m, price is below the MA7 and MA30, momentum is rolling over, and the bounce buyers are no longer in control.
Bias: Short
Entry: 0.0431–0.0442
SL: 0.0461
TP1: 0.0412
TP2: 0.0394
TP3: 0.0378
Why now: the privacy-upgrade headline already pulled in the FOMO buyers, and the transfer/supply narrative gives sellers a reason to press while the chart loses structure.
The people who pay here are the late longs who bought the news after the move, not before it.