Most people are looking at the top gainers list but missing the real story here.



$STRK ‌ just absolutely exploded out of that boring accumulation range. We spent weeks bouncing around $0.0350 and suddenly this massive daily candle just nuked every resistance level in its path. Being up 28% in a day is one thing, but doing it with $48M in volume shows there’s actual conviction behind this.

We hit $0.0597 and caught a tiny bit of resistance, which is expected after a vertical move like that. The order book is still showing 58% buy pressure though, so the bulls aren't done yet.

​If we can consolidate above $0.0550 without a deep retracement, this could easily turn into a multi day runner. I'm keeping a close eye on the $0.0600 psychological level next. Stay sharp.

#GateSquareMayTradingShare #BitcoinFallsBelow80K
STRK25.58%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin