Guys,,, $STRAX is sitting at a critical support zone near 0.0100, where the recent selling pressure appears to be slowing down.
After an extended decline, price is showing signs of stabilization around a key psychological level. The projected setup suggests that buyers may be preparing for a relief bounce, especially if the current support continues to hold. A recovery from this area could drive STRAX toward the 0.0115 resistance zone, offering a potential upside move from current levels.
The key level remains 0.0100. Holding above support would keep the rebound scenario alive, while a breakdown below this area could invite further downside pressure and invalidate the bullish outlook.
Key Support: 0.0100
Key Resistance: 0.0115
What do you think traders... is $STRAX ready for a recovery rally, or will sellers push it to new lows first? 🚀📈🔥
#STRAX #Crypto #TechnicalAnalysis
