$STRAX /USD Eyes Recovery: Seize This Strategic Entry Opportunity!

STRAX
STRAX
0.01542
+1.91%

$STRAX /USD pair is currently trading at $0.05930 on the 15-minute chart, showing a measured recovery after bouncing off a strong support level at $0.05545. The price is consolidating near a short-term resistance at $0.06100, indicating potential upward momentum. Traders looking for opportunities can consider a long entry around $0.05930, targeting TP1 at $0.06050, TP2 at $0.06150, and TP3 at $0.06250. To minimize risk, a stop-loss (SL) is recommended at $0.05545.

The RSI reflects a neutral stance, with MACD gradually trending upward, signaling potential accumulation by buyers. Keep an eye on volume as a breakout above the $0.06100 resistance could lead to further bullish action. This setup provides a calculated opportunity for short-term gains with manageable risk.

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