Here’s why Starknet is sliding

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Starknet Slides 10.71% Today

Highlights

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Anton Kharitonov, expert at Traders Union, sees Starknet locked in a downtrend as it fails to hold above the 20- and 50-day moving averages. He finds momentum signals inconsistent, with only the MACD showing optimism against clear short-term selling pressure. Absence of recent supporting news deepens the outlook’s pessimism. Kharitonov warns that a break below the 200-day MA at $0.1356 exposes STRK to accelerated downside risk. He states, "Current market structure makes any rebound unlikely — risk control is critical at these levels."

Viktoras Karapetjanc, expert at Traders Union, emphasizes that despite recent corrections, the bullish structure remains intact as long as STRK holds above the 200-day moving average at $0.1356. He notes strong ADX and a buy signal on the MACD, which highlight underlying momentum. Karapetjanc points out that further upside potential exists if price reclaims $0.1415, opening a runway toward $0.1873. He stays confident in near-term consolidation with possible upside setups emerging. He says, "A recovery above $0.1415 could rapidly shift sentiment and trigger a new leg higher."

Mixed momentum and key resistance levels contain further downside risk

STRK faces nearby dynamic resistance at $0.1415, with the Ichimoku kijun line present at $0.1873 as the next significant resistance level. Momentum indicators on the daily chart are mixed — the MACD signals a strong buy, while the ADX trend remains solidly upward. Meanwhile, the RSI at 47.5 and CCI near neutral reflect a market that is neither overbought nor oversold, yet the Stoch RSI signals oversold conditions and the BBP confirms sellers dominate short-term momentum. The Awesome Oscillator provides a neutral reading, but the intraday weakness aligns with a clear selling environment.

Previously it was noted that Starknet introduced non-custodial Bitcoin staking and a reward program, boosting user interest and ecosystem activity. Last time we reported that the session has been marked by selling pressure after the open amid a heavy intraday tone.

Source of Data: STRK Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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