【$STRK Signal】1H pullback confirmation, gaming for a second surge

$STRK The 1H timeframe experienced a large bullish candle yesterday and is currently in a healthy consolidation phase with decreasing volume, with price staying close to the 1H EMA20 (0.0443) and the 4H EMA50 (0.0441), which are key support levels. The 4H level has broken through the downtrend line, but needs to hold above 0.0450 to confirm a trend reversal. The current negative funding rate (-0.0098%) and stable open interest suggest potential short squeeze opportunities; the pullback is a good entry point.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0440 - 0.0443 (Reason: 1H EMA20 and 4H EMA50 resonance support zone, buy on pullback)

🛑Stop Loss: 0.0435 (Reason: Break below the 4H bullish candle start point at 0.0439 and key round number, ATR stop loss)

🚀Target 1: 0.0460 (Reason: Previous high resistance level, 4H bullish candle top)

🚀Target 2: 0.0475 (Reason: 4H Fibonacci 0.618 extension level)

🛡Trade Management:

- Position suggestion: Light position (Reason: 4H trend just emerging, further confirmation needed)

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0443. If the price fails to break above 0.0455 and falls back into the entry zone, exit proactively and observe.

Deep logic: Market signals indicate a price increase, and with stable open interest rather than decreasing, it suggests not just a short squeeze but possibly new funds supporting the market. The 1H RSI (54.61) is in a healthy zone with room to rise. The order book shows significantly more sell orders (above 0.04438) than buy orders, so a short-term breakout requires volume support. However, strong buy orders (over 700,000 USDT) are stacked in the 0.0440-0.0442 zone below, providing solid temporary support. If this pullback does not break the support, it’s an excellent second entry point.

View real-time market 👇 $STRK

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