STRK/USDT – Position accumulation in a descending channel.

[cryptohog]

StarkNet - is a permissionless decentralized Validity-Rollup (also known as a “ZK-Rollup”). It operates as an L2 network over Ethereum, enabling any dApp to achieve unlimited scale for its computation – without compromising Ethereum’s composability and security, thanks to StarkNet’s reliance on the safest and most scalable cryptographic proof system – STARK.
StarkNet Contracts and the StarkNet OS are written in Cairo – supporting the deployment and scaling of any use case, whatever the business logic.

CoinMarketCap: #106
Twitter(X): 346,4k

Currently, STRK is trading within a large descending channel, with the price sitting at the support of the inner channel. After the hype, the price has dropped by -95%! The Series B & C Round zones are being tested. A -30% drop to the support of the outer channel is not ruled out.
STRK will likely move only when ETH starts growing, as it is an L2 solution.
During the listing phase, this coin was heavily hyped—bloggers were screaming to buy before it "took off", but they forgot to mention that the rocket was headed downward. Most of them had no real idea what they were doing—it was all just for hype and content.
Now, few still believe in its potential… faith is gone.
But this is exactly why fear is unnecessary. Historically, negative zones often provide some of the best entry points.
I expect STRK to outperform ETH in profitability due to its low liquidity.
I’ve marked everything on the chart—consider this in your trading strategy.

[Rimon Khan]

Classic accumulation zone — breakout from this channel could be explosive.

[EmTeam]

Smart money usually loads in these structures. Worth keeping on watch.