STRK – Down 57% From Jan High | Key Levels Ahead

STRK has pulled back 57% from its January high, showing clear bearish momentum. Price is approaching key zones that could attract bulls — or trigger further breakdowns.

🔻 Support Zones

$0.0463 – A critical confluence zone:
Rejection point on Feb 5
Midpoint of last week’s long tail
May act as support ahead of Sunday's token unlock, which increases circulating supply.
$0.0410 – If $0.0463 fails, bulls’ stops lie here (Feb 6 low).
$0.0400 – Psychological level; no strong structure below but could trigger a short-term bounce.

🔺 Resistance Zones

$0.0534–$0.0549 – Initial supply zone:
Created by Feb 5 bearish candle void
Distribution zone on Feb 2
$0.0597 – Feb 3 swing high. Break above may trigger stop runs.
$0.0618 / $0.0639 / $0.0659 – Layered bearish voids from late January. Expect increased selling pressure here.

⚠️ Outlook

Bearish short-term trend
Watch how price reacts at $0.0463
Sunday’s token unlock could be a volatility catalyst
Bulls need to reclaim $0.0549+ to shift momentum

📌 Levels in Focus

Support: $0.0463 → $0.0410 → $0.0400
Resistance: $0.0534 → $0.0549 → $0.0597 → $0.0618–$0.0659