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Starknet (STRK) Descending Channel Signals Potential Rebound Toward $0.06

by TokenaltcoinFebruary 19, 202601



Starknet

Starknet (STRK) has fallen more than 5% in the past 24 hours, and as of February 19, 2026, it is extending its bearish trend as selling pressure mounts. The token is nearing a key support zone between $0.045 and $0.055, levels that historically attract buying activity and could spark a rebound.

Over the past week, STRK recorded a 4.69% decline, reflecting persistent downward pressure. Market capitalization currently stands at $247.76 million, while 24-hour trading volume surged 40% to $34.81 million, according to CoinMarketCap. Traders and investors are closely watching technical signals to gauge the next move.

Source: CoinMarketCap

Also Read: STRK Holds Descending Channel Support and Targets $0.18 Recovery

Technical Setup Highlights Support and Resistance

STRK is trading in a clear descending channel on the 3-day timeframe. Since March 2024, the price has formed lower highs and lower lows, confirming a strong bearish trend.

According to the crypto analyst Jonathan Carter, the key levels of support and resistance define the short-term trajectory. The level of support is between $0.045 and $0.055, while a series of levels of intermediate resistance is positioned at $0.10, $0.13, $0.17, $0.22, $0.33, $0.55, $0.65, $1.0, and $1.13.

The major resistance level to aim for is positioned in the vicinity of $2.2-$2.4. When a reaction from the level of support gets underway, it may pass through these

Source: @JohncyCrypto

Volume and technical factors call for caution. The current volume remains muted compared to the mid-2025 surges, indicating reluctant buying. If the price falls below $0.045, STRK may move down towards $0.033, but crossing the upper boundary of the channel may indicate the beginning of a trend reversal.

Momentum Indicators Confirm Bearish Bias

From a technical perspective, the RSI (14) is just below 34, which is below the midpoint and close to the oversold region. The selling pressure is strong, although the market is not yet in the exhaustion phase. The signal line of 39 is still above the current RSI.

Source: TradingView

The MACD (12, 26, 9) is in line with this view. The MACD line is at -0.0293, with the signal line at -0.0259. Both are below zero, with the histogram hovering slightly negative at -0.0034. This shows that bearish momentum is still in place but is not accelerating.

Traders are advised to monitor volume and price activity very closely, as the current level of support may present a high-probability bounce if buying interest re-emerges.

Also Read: STRF vs STRK: Strategy’s Risky New Bitcoin Dividend Play



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