Starknet narxiSTRK

🛡️ Saylor’s counter: MicroStrategy isn’t just a bitcoin holder - it’s “the world’s largest issuer of BTC-backed credit instruments.” His preferred shares - $STRK, $STRF, $STRD - let him acquire more $BTC without diluting MSTR shareholders.

RT @Starknet: 1/ We’re thrilled to announce that STRK Staking v2 is going live on Mainnet on June 17! This upgrade brings two key features…

For @dgt10011, the future is Bitcoin, equities like STRK, and a world of stablecoin varieties. He explains why homeownership is out, Bitcoin is in, and how the U.S. can use stablecoins to address some of its problems 💸

RT @saylor: On @BloombergTV: I explain $STRK, $STRF, $STRD, the risk of shorting $MSTR, the rise of Bitcoin Treasury Companies, our 100% BT…

After testing a key resistance area near $0.225, XYZ/USDT has reversed sharply, dipping to a local low of $0.1874. This move follows an extended period of low volatility, which often precedes explosive breakouts — in this case, to the downside. The rejection at resistance came on elevated volume (~214K), pointing to strong distribution at the highs. 📉 Price Action & Volume Snapshot The failure to break above $0.225–$0.230 created a double-top structure, a classic bearish reversal signal. Price sliced through $0.200, which had acted as a psychological floor, confirming a breakdown and opening the door to deeper retracements. However, the wick to $0.1874 was swiftly bought up, hinting at potential short-term exhaustion of sellers. Volume behavior remains critical here: spiking sell volume + lackluster bounce volume = bearish bias. 🧭 Technical Outlook: Bearish Short-Term, Neutral Mid-Term Resistance Levels: $0.2000–$0.2050 (new resistance band) $0.2250 (major structural resistance) Support Levels: $0.1850 (recent reaction low) $0.1650–$0.1700 (strong historical demand zone) RSI & Momentum: RSI has dipped into the mid-30s, approaching oversold levels. However, momentum oscillators suggest there’s still room for downside before a convincing bounce can materialize. 📌 Buy Zone Strategy For risk-tolerant traders, accumulation in the $0.170–$0.180 area could offer solid short-term bounce potential — especially if volume divergence (falling volume + stable price) appears. More conservative participants should avoid knife-catching and instead look for a decisive reclaim of the $0.205 level, ideally with volume confirmation. A bullish engulfing or high-volume breakout from this zone would hint at a local trend reversal. 📊 Verdict: Trend Under Pressure, Patience Needed Until XYZ can reclaim the $0.200–$0.205 range and hold it, short-term sentiment remains skewed to the downside. Traders should avoid premature entries and focus on confirmation over speculation. Aggressive Setup: Entry between $0.170–$0.180 with stop-loss below $0.165. Conservative Setup: Wait for a candle close above $0.205 to confirm momentum shift. Breakdown Risk: Loss of $0.165 opens the door to $0.150–$0.140 zone. 🔄 On-Chain & Sentiment Check Current on-chain metrics suggest no major accumulation by whales or smart money yet. Social mentions are trending lower, which often precedes volatility spikes. Stable funding rates hint at a neutral futures market, with no aggressive long/short bias. 📌 Final Thoughts XYZ is entering a make-or-break zone. The market is watching to see if the $0.185–$0.190 area can hold. A reclaim of $0.205 flips the short-term structure bullish, but failure here could deepen the retrace. Trade the level, not the hope. $STRK