$STRAX

STRAX

0.0242

+2.32%

USDT SHORT TRADE SIGNAL

Price faced a strong rejection from the upper resistance zone after a sharp impulsive move, forming long upper wicks that signal selling pressure. The structure shows a fast push followed by weak continuation, indicating exhaustion near the highs. Failure to hold above the breakout area suggests a potential pullback toward lower support levels.

Trade Setup

Entry Zone: 0.02490 – 0.02460

Target 1: 0.02390

Target 2: 0.02320

Stop Loss: 0.02580

Market Outlook

Overall momentum looks corrective in the short term. As long as price remains below the rejection zone, sellers may stay in control with downside continuation likely.

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