Technical analysis by Rasulberdi_Ashiraliyev about Symbol STRAX: Buy recommendation (4/30/2025)

STRAX/USDT long trade idea:💡 STRAX/USDT LONG TRADE SETUP (4H Chart)📈 Trade Idea:We're currently seeing STRAX respecting a strong ascending trendline while simultaneously testing a key horizontal support zone (highlighted in orange). Price has also formed a bullish descending triangle breakout pattern, where the current candle is showing signs of rejection from the demand zone.📊 Technical Confluence:- Strong support area between $0.0500 – $0.0510 (historically respected zone).- Price is bouncing off the ascending trendline, indicating bullish strength.- Descending triangle breakout potential to the upside.- Clear risk/reward setup with a favorable R:R ratio.✅ Entry Zone:Around $0.0510 🎯 Target (TP): Around $0.0640 ❌ Stop Loss (SL): Below $0.0485🧠 Trade Logic: This setup is based on the expectation that the support zone and trendline will hold, leading to a breakout of the descending trendline and a potential continuation move to the upside. The structure provides a well-defined invalidation level, making risk management easier.🔔 Always manage your risk and use proper position sizing.