【$STRK Signal】Long + 1H Breakout and Retest Confirmation

$STRK On the 1H timeframe, after experiencing volatility, the price has moved above the short-term moving average and is beginning to test a key resistance zone. Currently, the price is in the rebound phase following a 4-hour downtrend. The 1-hour chart shows momentum is gradually recovering, RSI has moved out of the weak zone, and buying activity is increasing. Although the 4-hour trend remains somewhat sideways, open interest remains stable and has not decreased significantly with the price decline, indicating that major players have not exited the market. Coupled with negative funding rates, there is a potential for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 0.04050 - 0.04064

🛑Stop Loss: 0.03990

🚀Target 1: 0.04150

🚀Target 2: 0.04220

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss to the entry price. If the price strongly breaks through Target 1 and stabilizes, you can retain part of the position to aim for Target 2.

(Deep Logic: The 1-hour RSI has risen to a neutral-strong zone, and the price is attempting to stabilize above the short-term moving average. Trading volume has increased over the past few hours, and buy orders have rebounded at key levels. Open interest has remained stable during the price decline, indicating that selling pressure is mainly from retail traders rather than major players. In a negative funding rate environment, sustained strength in the price could trigger short covering. The 0.0400-0.0398 area below is a recent dense trading zone, forming a strong support level. )

View real-time market 👇 $STRK

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