Markets· ★★★· bearish·

STRK up 270% in 30 days but RSI at 85 and Oct 15 unlock raise correction risk

  • —STRK gained 270.40% in 30 days and 104.18% in a week, trading at $0.1058
  • —Daily volume of $526.89 million is 308.36% above the 30-day average
  • —RSI at 85.4 signals overbought conditions; price sits 6.75% below VWAP
  • —A 3.37% supply unlock worth roughly $13.2 million is due on October 15
Why it matters: The imminent token unlock could add selling pressure to an already overbought STRK market.
Source: DiarioBitcoin