【$STRK Signal】Short Position + Weak Consolidation Awaiting Breakdown

$STRK is consolidating weakly near a key support level, showing a continuation of the downtrend.

🎯 Direction: Short

Market Logic: The price is oscillating narrowly around 0.0495, but the 4H chart has closed below the previous low consecutively, indicating a weakening structure. Key data points to a bearish dominance: Taker Volume shows persistent active selling, the funding rate is negative indicating a cost advantage for shorts, and the buy/sell ratio remains below 0.5, confirming a lack of active buying interest in the market. The order book shows dense sell pressure above (0.0496-0.0500), while buy orders below are insufficient, making support fragile. Stable open interest amid falling prices suggests it’s not just a liquidation of longs but possibly orderly short accumulation or distribution by major players. The price has failed to recover the previous high at 0.0515; any rebound to the 0.0505-0.0510 zone may face selling pressure. Currently, it’s advisable to stay on the sidelines, waiting for the price to choose a direction. If volume increases and breaks below the support zone of 0.0488-0.0492, the downside space opens.

Trade here: 👇 $STRK

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