$STRK Signal】Pullback to Long: 1H oversold rebound, key support zone on 4H



$STRK The 1H timeframe is oscillating near a critical support zone. The price has broken below the short-term moving averages, but RSI indicates an oversold condition, suggesting a technical rebound. The 4H timeframe is in a downward channel overall, but the current price is close to the lower boundary of the recent consolidation zone, and open interest remains stable with no signs of panic selling, implying the downward momentum may be weakening. Market depth data shows significant buy orders below the current price compared to sell orders above, indicating that major players may be building a defense below 0.0375.

🎯Direction: Long (Pullback setup)

⚡Entry/Order: 0.03712 - 0.03750

🛑Stop Loss: 0.03680

🚀Target 1: 0.03830

🚀Target 2: 0.03900

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Trail the remaining position with a moving stop loss; if the price retraces and falls below the trailing stop, exit all positions.

Order Book Logic: The current price is declining but open interest remains stable. Coupled with negative funding rates, this looks more like a passive liquidation of long positions rather than a deliberate sell-off by major players. The 1-hour RSI has fallen below 40, signaling a short-term oversold condition. The support zone between 0.0371 and 0.0375 has been tested multiple times recently and has dense buy orders, making it an ideal rebound target. If the price can hold above 0.0378 (1H EMA20), the rebound momentum will be confirmed.

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