STRAX Breaks Out of Descending Channel, Could Surge to $0.060

Straits (STRAX) is on the cusp of a potential breakout from its descending channel, leading to a possible 47.58% price increase to reach $0.060. This bullish momentum follows a recent surge of over 14.5%, propelling STRAX past the $0.043 resistance level. The ascending channel’s upper boundary and the descending trendline intersect strategically, creating a crucial breakout point.