StarkNet is getting a lot more attention, and it’s easy to see why. After weeks of moving sideways and chopping around without direction, the STRK price finally broke out of a key pattern, and that shift has traders talking about a possible rally for the first time in a long while.
With STRK trading around $0.23, analysts are starting to map out what this breakout could really mean, and some of the targets are much higher than where the token sits today.
What you'll learn 👉
STRK Breaks Out of a Rounding Bottom Pattern
The momentum kicked in after analyst Alex Clay pointed out that STRK had broken out of a rounding-bottom formation.
That’s the kind of pattern that usually forms at the end of a long downtrend, and when the STRK price pushes through the top of it, the move often picks up quickly.
Clay didn’t hold back, he called the breakout a FULL SEND moment, and the chart definitely supports that energy.
The STRK price pushed straight through resistance with strong candles and rising volume, the kind of behavior you want to see when a trend flips.
Instead of fading like it did in previous attempts, STRK actually held above the breakout level, which shows buyers are finally stepping in with conviction.
It also indicates the token may also be forming its first real higher-high and higher-low structure after months of grinding lower.
Analysts Are Eyeing a Wave 3 Setup for StarkNet
Crypto Tony added even more hype by saying STRK “does not care about any drops today,” and he believes the token is entering Wave 3 of an Elliott Wave pattern.
Wave 3 is usually the explosive part of the cycle, the long, strong leg that catches everyone off guard. His minimal target? Around $0.50, which is more than double the STRK price currently.
The short-term chart backs up this view. STRK has already formed what looks like Wave 1, pulled back neatly for Wave 2, and is now pushing upward again.
If this structure keeps playing out, the first key resistance sits around $0.34, and the next major zone sits near $0.52, almost exactly where Tony’s target lands.
Those levels match old supply zones from STRK’s previous downtrend, so breaking through them would confirm a much bigger trend reversal.
Read Also: Here’s Why Starknet (STRK) Price Is Pumping Today
Can STRK Keep This Momentum Going?
The big test now is whether STRK can hold on to this momentum. So far, the signs look good. Each dip toward $0.21–$0.22 has been bought up quickly, and the candles are showing strong bodies with very little hesitation.
That’s usually a sign that buyers are in control of the trend. STRK also looks stronger than the broader market right now, which makes the breakout even more convincing.
If this continues, a move toward $0.34 looks very possible. And if the STRK price clears that level with strong volume, the door opens wide for a push toward the $0.50–$0.52 target range analysts are watching.
Right now, STRK has everything a solid breakout needs: a clean pattern break, rising volume, and analysts turning bullish one after another. If the momentum holds, this might just be the start of the rally many traders have been waiting for.
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