The post STRK Technical Analysis Feb 23 appeared on BitcoinEthereumNews.com. While STRK’s 24-hour volume remains low at 17.63 million dollars, the volume declineThe post STRK Technical Analysis Feb 23 appeared on BitcoinEthereumNews.com. While STRK’s 24-hour volume remains low at 17.63 million dollars, the volume decline

STRK Technical Analysis Feb 23

While STRK’s 24-hour volume remains low at 17.63 million dollars, the volume decline despite a 6.55% price drop indicates weak seller participation; combined with oversold RSI, this gives hidden accumulation signals.

Volume Profile and Market Participation

STRK’s current volume profile shows that market participation has significantly decreased in recent periods. The 24-hour trading volume is at the 17.63 million dollar level, which is well below the 7-day average volume (approximately 25-30 million dollars). Despite the price declining by 6.55% in the downtrend, the low volume indicates that sellers are unable to create strong pressure. According to volume profile analysis, volume nodes (high-volume price levels) in the recent weeks where the price slipped below the $0.05 resistance are concentrated in the $0.0419-$0.0409 range – pointing to strong support zones.

From a market participation perspective, fractional sales by retail investors dominate; however, large block trades are rare. These low-volume declines suggest the trend is not healthy and may signal potential base formation. In the last 3 days’ MTF (multi-timeframe) volume data, 8 strong levels were identified: 1 support/1 resistance on 1D, 2 supports/1 resistance on 3D, 3 supports/3 resistances on 1W. This balanced distribution shows that volume has not yet indicated a clear direction, but the support weight is shifting in favor of accumulation. Although volume delta analysis (buyer-seller difference) is negative, combined with absolute volume decline, it emphasizes a lack of conviction.

Accumulation or Distribution?

Accumulation Signals

Accumulation signals are strengthening in STRK. While RSI is hovering in the oversold region at 28.16 level, price-volume divergence is evident: volume is decreasing as price makes new lows, a classic accumulation pattern. The $0.0409 support (score 79/100) is confirmed by volume; increasing buyer volumes are seen at this level over the last week. The MACD histogram turning positive implies hidden buyers are accumulating positions. Additionally, the weekly timeframe’s lower POC (Point of Control) in the volume profile is around $0.042 – indicating institutions are striving to hold this area. These patterns resemble the final stages of the Wyckoff accumulation phase: potential breakout after low-volume tests.

Distribution Risks

Distribution risks are limited to hidden block sales in low-volume declines. If volume spikes suddenly test the $0.0419 resistance (score 83/100), it could warn of a trap rally. There are no large sell blocks in current data, but a BTC downtrend could trigger distribution. If price recovers without volume increase, there’s fakeout risk – stay cautious.

Price-Volume Harmony

Price action is partially discordant with volume. While price is in a bearish short-term outlook below EMA20 ($0.05), volume does not confirm: volume on down days is 30-40% below average. This divergence shows sellers are exhausting. Although Supertrend is bearish, bullish MACD and oversold RSI emphasize that volume does not validate the price. A healthy decline requires volume increase; here it’s the opposite – a healthy base signal. For upside, volume needs to exceed $25M+, otherwise it stays choppy.

Big Player Activity

Big player (institutional) activities in STRK are limited but strategic. According to on-chain data over the last 72 hours (as volume proxy), there are accumulation traces around $0.0409 in whale wallets – inflows after low-volume bottom tests. Volume clusters on the weekly chart are concentrated below $0.04; these levels act as institutional support. There’s no typical high-volume shakeout for distribution; instead, stealth accumulation pattern dominates. While BTC dominance crushes alts, STRK whales seem to be waiting for opportunities – even if exact positions are unknown, volume patterns give bullish bias.

Bitcoin Correlation

STRK is a highly correlated altcoin with BTC; BTC’s 4.50% drop to $64,963 pulled STRK to $0.04. BTC Supertrend is bearish with main supports at $64,323-$62,183-$60,025; if broken, STRK falls to $0.038. Conversely, if BTC breaks $65,578 resistance, it triggers a $0.05 rally for STRK. BTC dominance is a caution for altcoins, but STRK’s low correlation divergence (STRK RSI oversold while BTC neutral) shows local strength. Wait for BTC stability: follow STRK Spot Analysis and STRK Futures Analysis.

Volume-Based Outlook

Volume-based outlook is cautiously bullish: low-volume downtrend lacks conviction, accumulation signals strengthening with $0.0409 support. Bullish target $0.0628 (score 8/10), reachable with $25M+ volume confirmation. Bearish scenario $0.038 on BTC breakdown – but weak without volume spike. Short-term, expect $0.0419 breakout, backed by MTF supports. Volume increase is the key to changing market sentiment; buyers currently dominate quietly.

This analysis uses Chief Analyst Devrim Cacal’s market views and methodology.

Crypto Research Analyst: Michael Roberts

Blockchain technology and DeFi focused

This analysis is not investment advice. Do your own research.

Source: https://en.coinotag.com/analysis/strk-technical-analysis-february-23-2026-volume-and-accumulation

Market Opportunity
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STRK Price(STRK)
$0.04219
$0.04219$0.04219
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STRK (STRK) Live Price Chart
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