$STRAX /USDT TECHNICAL ANALYSIS – BULLISH CONTINUATION SETUP
$STRAX/USDT has shown strong bullish momentum after a sharp expansion in volume and a decisive recovery from recent lows. Price has broken above its short-term consolidation zone and is holding above key moving averages, signaling strength from buyers. The structure now favors continuation as long as higher lows remain intact.
Market Bias: Bullish
Trade Idea: Long Entry
Entry Zone: On pullback into the previous breakout / demand zone
Targets (TP):
TP1: Short-term resistance zone
TP2: Previous swing high
TP3: Extension toward the upper resistance range
Stop Loss (SL): Below the recent higher low / invalidation of bullish structure
Risk Management:
Risk only a small portion of capital per trade, wait for confirmation near the entry zone, and trail stop loss as targets are achieved to protect profits.
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