Headline:
Key Levels to Watch After Recent Volatility
Hello Market Sense community!
Starknet ($STRK) has been a significant mover recently, showing strong interest but also experiencing some notable volatility. Let's dive into the chart and identify the critical levels for traders and investors alike.
The ($STRK) chart is showing a clear battle between buyers and sellers. Two zones are particularly important:
Crucial Support Zone (Defense Line): We've seen strong buying interest emerge around the $1.10 - $1.15 range. This is the key area that bulls need to defend to prevent further downside. A sustained break below this could signal weakness.
Immediate Resistance (Breaking Point): The price is encountering significant selling pressure near the $1.28 - $1.32 region. Overcoming this level with conviction would be a very bullish sign and could open the doors for a move higher.
The Thesis: $STRK is currently consolidating within these bounds. The direction of the next significant move will likely be determined by whether it successfully defends the **$1.10** support or breaks through the $1.32 resistance. Volume will be key for confirmation.
Are you holding $STRK? What are your thoughts on its next move?
