Technical analysis by CryptoAnalystSignal about Symbol STRAX: Buy recommendation (1/4/2026)

CryptoAnalystSignal
#STRAX/USDT — Descending Triangle at Demand Zone!

#STRAX The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 0.02060. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward movement. Entry price: 0.02095 First target: 0.02124 Second target: 0.02172 Third target: 0.02223 Stop loss: Below the support zone in green. Don't forget a simple thing: capital management. For inquiries, please leave a comment. Thank you.#STRAX First target: 0.02124 Reached Second target: 0.02172 Reached Third target: 0.02223 Reached