Starknet (STRK) Price Dips Below Support: Could It Be the Start of a Rebound?

The cryptocurrency market is experiencing significant volatility today, with Bitcoin and Ethereum prices dropping over 1.5% in the past 24 hours. This price correction led to more than $1.69 billion in liquidations across the market, with long positions bearing the brunt of the losses. Starknet (STRK) has also been significantly impacted by this selling pressure, dropping more than 25%. However, a recent technical analysis suggests that STRK could be poised for a rebound in upcoming sessions.