Alright, so Starknet (STRK) broke out of some resistance trend line after, like, 623 days? Big deal. In crypto time, that's roughly equivalent to the Jurassic period. Let's be real, anyone still holding STRK after all that time is either a bot or has the risk tolerance of a chimpanzee throwing darts at a stock ticker.

The "Rally" to Nowhere

They're saying it might rally to $0.350. Might? As if the crypto gods themselves are making this decision. This whole thing feels like one giant pump and dump scheme waiting to happen. Consolidation between $0.10 and $0.17 before the breakout? Sounds more like a prolonged period of bag-holding before the inevitable rug pull. And RSI and MACD creating bullish divergences? Oh, please. Those indicators are about as reliable as a weather forecast in Florida.

If it continues upward, blah, blah, blah, next resistance at $0.350. We've heard it all before. "If." "Potentially." It's always "if" and "potentially" in crypto land. Never a guarantee. Never any accountability when these predictions go south. Remember when everyone was saying Bitcoin would hit $100k by the end of 2021? Yeah, me too.

A breakout from $0.350 will confirm a bullish trend reversal? Who are they trying to kid? Confirm? In crypto? Nothing's confirmed until you've cashed out and the money's safely in your bank account, preferably in a currency that isn't made up. Some analysts believe that Starknet’s (STRK) Price Could Increase by Another 80% — Can It Clear This Resistance? - CCN.com, but that remains to be seen.

All-Time Low, Here We Come?

Ofcourse, there's the other side of the coin. Rejection at $0.350 could trigger another decline, potentially leading to a new STRK all-time low. Shocker. More likely than not, if you ask me. They expect us to believe this nonsense, and honestly... it's exhausting.

Short-term, the price of STRK is completing wave four in a five-wave upward movement, potentially leading to a short-term decline before reaching $0.350. I swear, these "analysts" just make this stuff up as they go along. Waves? What is this, surfing lessons? Can someone explain to me why crypto analysis sounds like the worst kind of astrology?

If STRK maintains its current momentum, a move to $0.350 is likely in the coming weeks. But what if it doesn't maintain its current momentum? What if a whale decides to dump their bags? What if the sun explodes? What if my cat starts speaking fluent English and demands I sell all my crypto? These are all equally plausible scenarios.

Starknet has completed a five-wave downward movement since February 2024, ending at an all-time low. Five waves of pain and suffering, more like it. Included a symmetrical triangle in wave four, apparently. A symmetrical triangle? Sounds like something you learn in geometry class, not something that dictates the fate of millions of dollars.

After the five-wave downward movement, the price has either begun an upward A-B-C correction or a new five-wave upward movement. So, it's either going up or going up? Groundbreaking analysis, folks. Give these guys a Nobel Prize.

So, What's the Real Story?

Look, let's be real. This whole STRK situation smells fishy. It's a classic case of hopium being peddled to retail investors who are desperate to recoup their losses. Don't fall for it. Don't be the sucker holding the bag when this thing inevitably crashes back down to earth. Maybe I'm wrong. Maybe STRK will moon. But I ain't betting my rent money on it.