STRK Technical Analysis Feb 24
The post STRK Technical Analysis Feb 24 appeared on BitcoinEthereumNews.com.
STRK, with RSI at the 26.75 level, is giving a strong bottom signal in the oversold region; while MACD with a positive histogram is producing a bullish reversal signal in momentum, short-term EMAs are maintaining the downtrend. Trend Status and Momentum Analysis STRK, with its current price stabilized at the 0.04 dollar level, experienced a 3.38% decline in the last 24 hours and the daily range remained almost motionless: 0.04 – 0.04 dollars. The overall trend direction is confirmed as downward, with the Supertrend indicator giving a bearish signal and marking the 0.05 dollar level as resistance. However, mixed signals stand out in the momentum indicators. The RSI 14 period is deepening in the oversold region at 26.75, indicating that the momentum of the recent price decline may be weakening. The MACD histogram continues to expand in the positive region, showing that the underlying bullish momentum is still alive. Volume was realized at a moderate level of 25.68 million dollars; it does not strongly confirm the decline and may instead point to accumulation patterns. When examining multi-timeframe (MTF) alignment, a total of 10 strong levels were detected in the 1D/3D/1W timeframes: 2 supports/1 resistance in 1D, 2 supports/2 resistances in 3D, and 2 supports/3 resistances distribution in 1W. This structure reveals that while short-term support tests are expected, resistance pressure predominates in the medium term. Main support levels are determined at 0.0396 (score 78/100) and 0.0364 (score 68/100), while the first resistance is positioned at 0.0407 (score 66/100). From a momentum perspective, although trend strength is downward, oversold conditions and MACD positivity are laying the groundwork for a potential reaction rally. RSI Indicator: Buy or Sell? RSI Divergence Analysis The RSI 14 period is currently at the 26.75 level and positioned well below the classic oversold region of 30. This…
Filed under: News - @ February 24, 2026 6:23 am