Analyzing STRK’s 15% fall, $2M in long liquidations — What’s next?

Share

Starknet (STRK) fell 15% in a single day, breaking below the $0.07 support to hit a low of $0.069. The bearish move was accompanied by $2 million in long position liquidations and a 60% decline in trading volume. Protocol outflows reached -$59 million while futures outflows totaled $249 million. The Relative Strength Index (RSI) dropped to 53, signaling weakening bullish momentum. If selling pressure persists, the price could decline toward $0.062, with critical support at $0.055.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items