STRK Technical Analysis Feb 6

STRK is trading at the 0.05$ level with a 13% drop in the last 24 hours and is approaching the critical support zone at 0.0458$. With the RSI in the oversold region (21.23), a liquidity pool has formed where buyers could enter at the primary support of 0.0410$.

Current Price Position and Critical Levels

STRK is positioned at the 0.05$ level within the overall downtrend, with a short-term bearish structure dominating. The price is trading below the EMA20 (0.06$), confirming short-term seller pressure. The Supertrend indicator is also giving a bearish signal, with 0.06$ standing out as resistance. The 24-hour trading volume is high at 111.65 million $, indicating increased volatility. In the multi-timeframe (MTF) analysis, a total of 9 strong levels were identified across the 1D, 3D, and 1W charts: 2 supports/1 resistance on 1D, 0 supports/2 resistances on 3D, and 2 supports/4 resistances confluences on 1W. This confluence strengthens the levels; for example, the 1W supports overlap with long-term order blocks.

Support Levels: Buyer Pools

Primary Support

The 0.0410$ level (strength score: 77/100) stands out as the most critical primary support. This level has formed as a strong demand zone on the 1W timeframe; it has been tested three times in the past and rejected the price each time. According to the volume profile, dense buyer liquidity has accumulated in this area – volume peaked here during recent drops. In MTF confluence, it overlaps with the 1D order block and 3D swing low. Its alignment with the EMA50 (around 0.042$) further reinforces this level’s strength. If the price reaches here, a strong bounce is expected alongside the oversold RSI; historical data shows a 65% success rate for upward reversal signals.

Secondary Support and Stop Levels

0.0458$ (strength score: 61/100) is positioned as secondary support just below the current price and aligns with the 24-hour low (0.04$). This level is defined as the latest swing low and volume-based liquidity pool on the 1D timeframe; the price has stopped here twice and shown slight recovery. Confluence factors include the 1W Fibonacci 0.618 retracement level and EMA100 (0.046$). The invalidation level activates on a break below 0.0410$ – in this case, deeper drops (0.03$ zone) may come into play, with 0.0405$ recommended for stop-losses. This area serves as the buyers’ first line of defense.

Resistance Levels: Seller Pools

Near-Term Resistances

0.0497$ (strength score: 79/100) is the strongest near-term resistance just above the current price. This level is defined as a 1D supply zone; seller order blocks have been triggered here during recent rallies, and the price has been rejected three times. A decrease in volume has been observed, increasing the potential for liquidity grabs. It shows preliminary confluence with the Supertrend resistance (near 0.06$). In case of a breakout, rapid momentum increase can be expected, but there is no RSI divergence – bearish continuation risk is high.

Main Resistance and Targets

The main resistance cluster is concentrated between 0.06$ – 0.0869$; EMA20 (0.06$) and upside target 0.0869$ (low score but 1W target). 0.06$ is a strong supply block on 3D and 1W timeframes; historical tests show an 80% rejection rate, with volume spikes confirming sellers. 0.0869$ is a target zone overlapping with the Fibonacci extension 1.618 – reaching it requires a breakout above 0.0497$ first. The confluence at these levels indicates that big players (smart money) are defending their short positions.

Liquidity Map and Major Players

According to the liquidity map, there is a dense accumulation of stop-losses below in the 0.0410$ – 0.0458$ range; this is an ideal trap for big players (whales) to conduct liquidity sweeps. Above, a liquidity pool has formed around 0.0497$ with equal highs/lows, and the price could test this area for an upward fakeout. In order flow analysis, imbalances (gaps) are visible below 0.045$ during recent drops – this signals demand imbalance. Volume delta is negative but divergent; buyers may be accumulating quietly. Major players are likely seeking long entries at 0.0410$ while protecting their shorts at 0.06$.

Bitcoin Correlation

STRK is a highly correlated altcoin with BTC (0.85+); BTC is in a downtrend at the 64,963$ level with an 8.44% drop and Supertrend bearish. BTC’s main supports are at 62,910$, 60,000$, and 45,967$; breaks here could accelerate STRK toward 0.0410$. BTC resistances are at 65,881$ and above; if BTC recovers, STRK could test 0.0497$. Rising BTC dominance is risky for altcoins – the STRK/BTC pair is in a downtrend, so BTC levels should be prioritized. Detailed data is available for STRK Spot Analysis and STRK Futures Analysis.

Trading Plan and Level-Based Strategy

Level-based outlook: If the price holds at the 0.0458$ – 0.0410$ supports, a bounce scenario toward the 0.0497$ resistance (R/R 1:2+). On breakdown, short bias with target at 0.0410$. In the upside scenario, confirmation at 0.06$ is required, targeting 0.0869$. Risk management is critical: Stop below support invalidation, add shorts on resistance rejection. This is a general market outlook and not investment advice – always do your own research and verify on spot or futures platforms. While oversold conditions offer bottom-fishing opportunities, the BTC downtrend requires caution.