In the past 24 hours, STRK has increased by 1.16%, but it has a monthly decline of 34.5%. The token price rebounded from the $0.10 support level, and the v0.14.1 protocol upgrade released positive signals. However, it should be noted that a $13M token unlock is scheduled for December 15.
From a technical perspective, $0.10 is a key support level, and $0.13 constitutes a recent resistance. Protocol upgrades usually provide short-term buying momentum, but large-scale unlocks often carry selling pressure risks. Whether this rebound is a phase correction or a top-out correction largely depends on the market’s digestion of the unlock expectations.
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GasFeeSobber
· 12-16 03:09
It's the same old story of claiming an upgrade is good news, but what happened? This $13M unlock was a complete failure as soon as it was dumped.
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MEVEye
· 12-13 12:23
Damn, it's another act of unlocking and dumping. I bet five bucks that this thing on the 15th is going to plummet again.
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ForkTrooper
· 12-13 03:51
Hey, the $13M unlock really is a hidden risk... It looks pretty comfortable watching the rebound, but I still have to keep an eye on that 0.1 bottom line and can't relax.
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ChainDetective
· 12-13 03:40
With 13M unlocking and a debut, no matter how good the rebound is, it's all in vain.
How to view the short-term trend of STRK?
In the past 24 hours, STRK has increased by 1.16%, but it has a monthly decline of 34.5%. The token price rebounded from the $0.10 support level, and the v0.14.1 protocol upgrade released positive signals. However, it should be noted that a $13M token unlock is scheduled for December 15.
From a technical perspective, $0.10 is a key support level, and $0.13 constitutes a recent resistance. Protocol upgrades usually provide short-term buying momentum, but large-scale unlocks often carry selling pressure risks. Whether this rebound is a phase correction or a top-out correction largely depends on the market’s digestion of the unlock expectations.