I called the $STRK short earlier — moving stop to breakeven and letting it run. This move isn’t done yet.
Who’s still riding it with me?
STRKUSDT
Perp
0.0693
+2.97%
Flow0x
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Bearish
$STRK — this is likely not the final leg. Breakdown through the lower trendline shifted structure and the reaction off the lows lacks volume, absorption and follow-through. No evidence of seller exhaustion yet and no reclaim of broken levels, so further downside remains possible. Not the bottom in structural terms. Updates to follow.
Favor short positioning on corrective bounces. Structure remains bearish and continuation lower remains in play until buyers reclaim broken levels with authority.
DYOR
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