StraX Price Stalled: Bulls Struggle Against Dominant Sellers – Crypto Analyst Predicts Deeper Liquidity Plunge

StraX has experienced a notable stalling in price action, failing to overcome key resistance levels despite a brief 5.3% intraday rally. Crypto analyst Crypto Patel points to persistent selling pressure as the primary factor behind this bearish trend. His technical analysis suggests that sellers continue to dominate, evidenced by repeated rejections below $0.056 and a decline in price activity after reaching its peak near $0.070 earlier this month. 4-hour chart patterns show lower highs and lower lows, indicating continued downward movement. The recent rejection block at around $0.066 serves as a critical point of resistance. Patel expects further selling pressure to concentrate near the CISD level ($0.054), potentially triggering a deeper liquidity pool drop below the target zone of $0.04046.