Analyzing STRK’s 15% fall, $2M in long liquidations — What’s next?

While the wider market signaled a recovery from the recent sell-offs, Starknet wasn't so lucky as it struggled under massive bearish pressure. In fact, since facing rejection at $0.12, the altcoin has closed at lower lows on the charts. Previously, the altcoin rallied amid speculation as investors turned bullish on its L1 plans for 2027. However, that speculation has since faded. Over the last 24 hours, for example, STRK breached the $0.07-support, hitting a low of $0.069. At the time of writing, Starknet was trading at around $0.0707, down 15% on the daily charts.

Source: AMBCrypto