【$STRK Signal】Empty position, wait for downward momentum confirmation
$STRK Price decline accompanied by high open interest indicates that the market logic suggests caution against main force distribution risk. Currently, there is no clear bottoming structure on the chart, indicating a consolidation phase or acceleration before a decline.
🎯 Direction: Empty position
Wait for the price action to give a clear signal: 1) Weak rebound after a volume-driven break below key support can be considered for shorting; 2) Strong buying absorption forming higher lows (HL), then consider bullish opportunities. Currently, it is advisable to observe and let the market choose its direction.
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【$STRK Signal】Empty position, wait for downward momentum confirmation
$STRK Price decline accompanied by high open interest indicates that the market logic suggests caution against main force distribution risk. Currently, there is no clear bottoming structure on the chart, indicating a consolidation phase or acceleration before a decline.
🎯 Direction: Empty position
Wait for the price action to give a clear signal: 1) Weak rebound after a volume-driven break below key support can be considered for shorting; 2) Strong buying absorption forming higher lows (HL), then consider bullish opportunities. Currently, it is advisable to observe and let the market choose its direction.
Trade here 👇 $STRK
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