Starknet (STRK) Faces $0.053 Test After Losing Half of October Peak

Starknet's Drop From the $0.125 Peak

October's biggest altcoin pullbacks arrive at the same unresolved point: the dips have cut deep, but none of the damage has yet confirmed a trend change. Starknet (STRK) carries the sharpest version of that test. The token trades at $0.0572 after a slide that has erased more than half of its October peak, and the level that decides whether this stays an ordinary retest sits directly beneath the price.

The history behind the drop matters. STRK spent most of September pinned close to $0.03 before buyers lifted it as the month turned. The October run produced a top near $0.125 around October 11, a gain of more than four times the September lows. Since that peak the tape has turned one-sided: red daily candles in sequence, sellers in control from the first sessions after the high, and each bounce weaker than the one before. The price has also fallen below the short green moving average, which now caps recoveries close to $0.063.

The next major line is the blue moving average near $0.053, and a test of it looks likely because it sits almost on top of the current price. A successful defense would let Starknet (STRK) stabilize and build a base. A daily close below it opens the path to the black line around $0.046 and the orange line close to $0.044, both of which are rising, a sign that the longer trend still belongs to buyers. Momentum gives no strong signal either way: the relative strength index has cooled from overbought readings above 80 to roughly 48, which clears the rally's heat without printing an oversold bounce. Within the broader support and resistance map, $0.053 is the line bulls must hold before any reclaim of $0.063 can mean anything.

Filecoin, Midnight and Near Hold Higher Supports

The same shape repeats across the other three names in this group, with tighter cushions underneath. Filecoin (FIL) trades at $1.0146 after roughly a week of selling from its mid-October high close to $1.27, an advance that began near $0.65 in early September and left the token well short of its all-time high. Lower highs have formed since the top, and the price now sits below the short green moving average near $1.06. The decisive area is the blue moving average close to $0.995, which FIL touched on the latest dip and bounced slightly; the $1.00 round number overlaps it, so a daily close underneath would be a clear warning. Should that fail, the black line near $0.96 and the orange line close to $0.92 form the next buying zone, and both averages still point up.

Midnight (NIGHT), the token of the Midnight Network, sits at $0.0394 after running from a September range of $0.020 to $0.026 to a high close to $0.053 in early October, better than a 100% gain. A failed push on October 10 near $0.050 started the slide, and the current candle rests on the short green moving average close to $0.0397. Volume has thinned sharply since the breakout, which usually means sellers are not pressing hard, and the RSI near 45 stays neutral. Near Protocol (NEAR), a layer 1 blockchain protocol, has been the calmest of the four: it climbed from about $1.80 in early September to above $5.50 by the end of the month, tagged close to $6.00 on October 11, and has since held a sideways range of $4.60 to $5.40. Buyers keep showing up near the green moving average at $4.75, the $5.00 mark acts as the pivot, and volume has fallen through the pause with the RSI near 47.

Our reading: four different tokens, one shared structure. Each rallied hard into October 11 or shortly after, each has given ground for about a week, each carries a neutral RSI between 45 and 49, and in every case the moving averages underneath the price are still rising. That combination fits a retest of strength rather than distribution, but the charts do not prove it yet. The daily close settles it: for Starknet (STRK), a close below $0.053 shifts the target to $0.046, while a close back above $0.063 would be the first evidence that selling pressure is fading. The same mechanism applies at FIL's $1.00 and NIGHT's $0.0390, and a decisive break of the $4.75 line would be the signal that NEAR's range has finally failed.