$STRAX /USDT
After printing a local high at 0.01409, price pulled back sharply to 0.01366 and just delivered a strong reaction bounce. That reclaim toward 0.01385 shows buyers are stepping in right where they should.
Short-term structure: The drop looked aggressive, but it didn’t break down. Instead, it formed a quick liquidity sweep below 0.01370 and reversed fast. That kind of move usually signals intent, not weakness.
Key levels to watch: Support: 0.01366
Flip zone: 0.01380 – 0.01385
Resistance: 0.01400 – 0.01409
If price holds above the flip zone, momentum can rebuild quickly.
Targets: TP1: 0.01400
TP2: 0.01409
TP3: 0.01430
A clean break above 0.01409 opens continuation toward higher intraday expansion.
Failure to hold 0.01366 invalidates the setup and shifts bias back to downside.
Right now, this is a classic reclaim attempt after a liquidity grab. The next few candles decide if this turns into continuation or just a relief bounce.
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