$STRAX Today's trend has sparked quite a bit of discussion. The price is around 0.02963, indeed experiencing a significant rally. But a close look at the candlestick chart shows that this bullish candle has pulled the price back to near the starting point of the October decline. Resistance above remains heavy, and the moving average system has just been broken, so a stable bullish arrangement has yet to form.

This type of market behavior has a typical characteristic—after a single-day surge, it often lacks sustainability. Without substantial positive support, this rapid rise is usually driven by large funds in self-help or absorbing retail liquidity. Whether it can continue to strengthen depends on subsequent performance.

**How to interpret key levels?**

Looking upward, resistance. The 0.04000 to 0.05000 range was once a dense consolidation bottom. After breaking below it, many people's positions were trapped here, and a rebound to this level will face strong selling pressure. Stronger resistance lies between 0.07000 and 0.08000, which are previous high points, making short-term breakthroughs challenging.

Looking downward, support. 0.02200 is the bottom of today's large bullish candle. If the price falls back here, it indicates today's rally was purely fleeting. Further down, 0.01800 to 0.02000 is a recent historical low area, serving as the last line of defense.

**How to interpret volume signals?**

The most noteworthy is volume. Today's volume reached 63.53M, dozens to hundreds of times higher than usual. What does this extreme volume spike indicate? It suggests that large funds are forcefully pushing the market, possibly speculative funds or project teams, aiming to create volatility and attract follow-up trading. Such market moves generally have limited sustainability.

**How to operate with long and short positions?**

If you hold STRAX, now is the time to think calmly. For coins with long-term downtrends, a 30%+ increase in a single day is indeed rare. Instead of hoping for further gains, it’s more practical to take profits on rallies. Seize this opportunity to lock in gains and avoid expecting it to return to 0.10.

If you are currently out of the market, it’s advised not to chase the high. This pattern often involves rapid rises followed by quick declines, and a sharp pullback could happen tomorrow. The safest approach is to continue observing. Unless STRAX can consolidate above 0.03 for a week without falling, there’s no need to rush into participation.

**Overall view**

STRAX appears to be a sudden revival after a long silence, but the quality of this rebound remains to be seen. This rally can be seen as an opportunity to exit positions, shifting into more liquid and fundamentally clearer mainstream coins, which might be a more prudent choice.