STRK/USDT Technical Outlook
Looking at the STRK chart, we see a similar pattern and a similar scenario to what we saw on the ZK chart. The key difference observed between the formations on the two charts is that the pattern on the STRK chart occurred over a longer timeframe. The medium-term price target for STRK is $0.75 after the breakout.
On a closer look, it can be seen that the price is trading at a strong resistance level.
$0.150 – $0.155 is an area where sellers are intense. If we see some pullback from here, they can be considered as a retest. Support levels to follow are $0.138 followed by the $0.123 – $0.126 range. In case of a breakout of this current level, the short-term target might be $0.19.
These analyses, not offering any kind of investment advice, focus on support and resistance levels considered to offer trading opportunities in the short and medium term according to the market conditions. However, the user is responsible for their own actions and risk management. Moreover, it is highly recommended to use stop loss (SL) during the transactions.
