STRK Technical Analysis Feb 1

STRK is trapped below the short-term resistance at 0.06$ and signaling in the oversold region with RSI 23. Strong buyer influx is expected at the main support in the 0.0498$ region, while 0.0605$ is critically important for an upside breakout.

Current Price Position and Critical Levels

STRK is positioned around 0.06$ within the general downtrend and showed a slight recovery of 2.60% in the last 24 hours. The price is trading below EMA20 (0.07$), giving a short-term bearish signal; the Supertrend indicator also marks resistance at 0.07$ in the bearish direction. A total of 9 strong levels were detected across 1D/3D/1W timeframes: 1 support/3 resistance on 1D, 2 resistance on 3D, 1 support/4 resistance confluence on 1W. This indicates downward pressure on the price, but the oversold condition with RSI 23 carries recovery potential. Volume is at a medium level of 53.50M$; the recent range narrowed between 0.05$-0.06$, increased volatility is expected.

Support Levels: Buyer Pools

Primary Support

The 0.0498$ level (score: 74/100) stands out as the strongest buyer region. This level coincides with a major order block on the 1W timeframe; it has been tested 3 times in the past with strong rejection, defended with volume increase. On 1D, low-volume wicks also point here, a liquidity collection area. Due to multi-timeframe confluence (1D/1W), aggressive buyer entry is expected if price pulls back here – potential reversal zone. It aligns with EMA50 (around 0.05$), near the POC (Point of Control) in the volume profile.

Secondary Support and Stop Levels

The 0.05$ range should be monitored as secondary support; this is the recent 24h low and short-term demand zone. However, the invalidation level triggers on a break below 0.0498$ – in this case, it could accelerate toward 0.04$ levels, deepening the downtrend. Stop-loss suggestion (for risk management): 1-2% buffer below primary support, e.g., 0.048$. High probability of liquidity hunt (stop hunt) below this level, where big players may expand their short positions.

Resistance Levels: Seller Pools

Near-Term Resistances

The nearest resistance at 0.0605$ (score: 60/100) is just above the current price and has been tested with recent wick rejections. Supply zone on 1D timeframe, rejected with volume; confluence near EMA20. Conviction candle (strong volume) is required for breakout – otherwise, short-term bounce remains limited. Supertrend resistance at 0.07$ reinforces it, this should be monitored as the first target.

Main Resistance and Targets

0.1375$ (score: 63/100) is the major resistance; strong breaker block on 3D/1W, showed failure to break in 4 past tests, defended with high-volume sell-offs. Upper level 0.1918$ (score: 60/100) coincides with 1W swing high and fib 0.618 extension – major liquidity pool here, main target for institutional shorts. Upside target 0.0990$ (score:42) as medium-term first target; offers R/R 1:2 potential for a measured move after 0.0605$ breakout. These resistances show strong bearish bias due to MTF resistance weight (7/9 levels resistance).

Liquidity Map and Big Players

Big players (smart money) may be collecting liquidity below the 0.0498$ support – ideal zone for stop-loss hunting. Above, equal highs/lows liquidity trap between 0.0605$-0.07$; high breakout fakeout risk. Order flow analysis: Created imbalance in recent drops targeting upper liquidity, now major pool above 0.1918$. Volume delta negative, seller dominance; however, buyers are accumulating with RSI divergence. Liquidity map indicates upside manipulation potential after downward sweep – stay cautious.

Bitcoin Correlation

BTC at 77,160$ level in downtrend (-0.79% 24h), Supertrend giving bearish signal; supports at 75,720$, 64,655$, resistances at 77,957$, 80,693$. Altcoins like STRK are highly correlated to BTC (%0.85+), if BTC slips below 75k, STRK tests 0.0498$ – cascade selling triggered. BTC breakout above 80k opens path to 0.0990$ for STRK, dominance drop supports alt rally. Key BTC levels: Break above 77,957$ is short-term positive for STRK, break below 75,720$ is bearish alarm.

Trading Plan and Level-Based Strategy

Level-based outlook: Bullish bias above 0.0605$ (target 0.0990$, stop 0.058$), buying opportunity below at 0.0498$ (target 0.0605$, stop 0.048$). Low leverage for STRK Spot Analysis, high R/R for STRK Futures Analysis. Risk management: Position risk 1-2%, wait for confluence (volume + MTF). This analysis is not investment advice; markets are volatile, do your own research. Retest confirmation required on breakouts – e.g., wait for 1D close above 0.0605$ for hold.