STRK has taken a hit with a -2.79% drop, lagging behind broader market movements. The downside pressure stems from multiple angles. First, bearish sentiment has been gaining traction across the market. Second, today's unlock event releasing 127M STRK tokens—representing roughly 4.83% of the circulating supply—poses meaningful sell pressure on the chart. Technically speaking, the rejection at the $0.09 resistance level signals weakness, suggesting buyers aren't stepping in with conviction. Whether this translates into further downside or a recovery bounce hinges on how the market digests the unlock volume and whether demand materializes at support levels.