STRK Falls 15% to $0.07 as $2M in Longs Liquidated, Protocol Outflows Hit $59M
- —STRK trades near $0.0707 after breaching $0.07 support and hitting $0.069
- —Long liquidations topped $2 million as volume fell 60%
- —Starknet protocol outflows reached $59 million on October 16
- —RSI fell to 53 after a bearish crossover three days ago
Why it matters: Capital outflows and long liquidations deepen selling pressure on STRK; a daily close above $0.075 would invalidate the bearish setup.
Source: AMBCrypto