STRK/USDT has broken down from a clear Head and Shoulders pattern and is now trading below the critical support zone of $0.1234–$0.13, which has flipped into a key resistance area.
Unless price reclaims and closes firmly above this zone, long positions should be avoided. Traders may consider light short positions with tight risk management, ideally placing stop losses just above the upper boundary of the former support range.
Unless price reclaims and closes firmly above this zone, long positions should be avoided. Traders may consider light short positions with tight risk management, ideally placing stop losses just above the upper boundary of the former support range.
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