Starknet’s Wild Ride: STRK Soars 40% & Shorts Scream 😱

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The Lowdown (Or High-Up, Really) 🚀

Why’s Starknet mooning like a caffeinated kangaroo?

Well, folks, seems like everyone and their grandma decided to stake STRK-20% of the supply, locked up tighter than a miser’s wallet. Add a week-long buying frenzy, and voilà: instant rocket fuel. 🧑‍🚀

What’s next? More chaos, probably.

Organic demand’s hotter than a sidewalk in July, and shorts are sweating bullets. A squeeze could send STRK into orbit faster than Elon’s Tesla. Buckle up. 🌪️

Starknet [STRK] shot up 40% in a day-because why not? Trading volume exploded like a popcorn kernel in a microwave. Open Interest? Up 51%. Funding rates? Negative. Translation: futures traders bet against it like they were playing blackjack. 🎲

But here’s the kicker-spot buyers ain’t listening. They’re hoarding STRK like toilet paper in 2020. Shorts, meet your worst nightmare. 😈

Why the rally? Staking’s cool again, TVL’s climbing like a kid on a sugar rush, and apparently, everyone forgot how to sell. Classic. 🤷‍♂️

Breaking Out Like a Teenager’s Acne 🌋

The weekly chart’s been stuck in a range longer than a DMV line-7 months of bouncing between $0.097 and $0.197. But now? It’s punching through like a bull in a china shop. 🐂

High volume, breakout, bullish vibes-long-term holders are grinning like Cheshire cats. Newbies? Wait for a dip (if it ever comes). Patience, grasshopper. 🦗

Resistance? More Like a Welcome Mat 🛑➡️🤑

RSI’s above 50-OBV’s partying like it’s 1999. Next stops: $0.539 and $0.8. Or as traders call them, “retirement funds.” 💸

That old resistance at $0.19? Now it’s a discount bin. Retest it, buy it, thank us later. Shorts praying for a drop? Good luck-FOMO’s already in the driver’s seat. 🏎️

Targets this week? $0.279 and $0.293. Or, as the shorts call them, “pain.” 😂

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2025-11-17 04:11