Stratis (STRAX) price shows consistent lower highs and approaches a significant price level after a prolonged period of fluctuation.
Repeated Support Test Sets Foundation for Structure
Current STRAX trading price is $0.04728, reflecting a 6.2% decline over the last 24 hours. The price is sitting near long-term support at $0.04714, attempting to test the boundaries of the downtrend line. This structure has developed over the course of a year, consistently rejecting the trendline and showing reactions at the same support level.
Trendline Resistance Forms a Defined Compression Zone
The trendline has consistently capped STRAX rallies since early 2024. Multiple touchpoints confirm the validity of the trendline as a technical boundary. As of July 2025, the price is positioned tightly between the support and the declining resistance line.
STRAX Consolidates in Tight Range, Awaiting Breakout Trigger
Market participants are closely watching this zone, as the price continues to react near the key compression area. Whether STRAX holds above support or pushes above resistance will depend on upcoming volume behavior and order flow activity.
The market situation remains tense, and many investors are awaiting a breakout from the tight STRAX price range. Current support and resistance levels will be crucial in determining the future price direction.
