STRKUSDT Bounces From 0.0445 as 600% Volume Spike Fuels Bullish Push

Summary
• Price opened at 0.0445 and closed at 0.0455, forming a bullish recovery pattern after midday dip.
• Momentum strengthened in the final 4 hours with RSI above 50 and volume surging to 2.6 million.
• A key support at 0.0445 appears to have held, with resistance forming near 0.0465–0.0468.
• Bollinger Bands show recent volatility expansion, with price hovering above the 20-period SMA.
• Turnover spiked by 600% in the last 6 hours, suggesting renewed bullish interest.

Starknet/Tether (STRKUSDT) opened at 0.0445 on 2026-02-19 12:00 ET, reached a high of 0.0468, and closed at 0.0455 on 2026-02-20 12:00 ET, after hitting a low of 0.0433. The 24-hour volume was 26.8 million, with a notional turnover of 1.23 million.

Structure & Formations

The price formed a bullish recovery pattern following a sharp midday dip to 0.0445, with key resistance emerging between 0.0465–0.0468. A notable bullish engulfing pattern appeared at 0.0462 on 2026-02-20 05:45 ET, suggesting short-term buying pressure. Support appears to have held at 0.0445, with price bouncing off that level multiple times.

Moving Averages and Momentum

The 20-period and 50-period moving averages on the 5-minute chart show a bullish crossover after 07:00 ET, aligning with increasing RSI momentum above 50. The MACD crossed above the signal line around 08:00 ET, reinforcing the bullish bias. However, RSI peaked near 65 during the late morning, suggesting potential for a pause or consolidation.

Volatility and Bollinger Bands

Volatility expanded significantly in the final hours of the 24-hour period, with price staying above the 20-period moving average and hovering near the upper Bollinger Band. A contraction in band width was observed early in the session, suggesting a potential breakout that ultimately occurred.

Volume and Turnover

Volume spiked from 5.9 million at 15:15 ET to 5.9 million again at 15:30 ET, coinciding with a sharp rally from 0.0453 to 0.0461. Turnover surged by 600% in the final 6 hours, confirming renewed buying interest and aligning with price action, indicating strong conviction in the rally.

Fibonacci Retracements

Applying Fibonacci levels to the 0.0433–0.0468 swing, price found initial resistance at the 61.8% level (0.0462), where it paused before continuing higher. A potential correction could target the 38.2% retracement at 0.0455–0.0456, aligning with the current close. A break above 0.0468 would suggest a test of the 76.4% extension at 0.0475.

The next 24 hours could see STRKUSDT consolidate above 0.0455 or face another test of the 0.0445 support level, depending on macro sentiment and volume behavior. Investors should monitor for divergence between price and RSI to assess the strength of the current rally.