$STO STO/USDT: Consolidation at Resistance - Breakout or Pullback?
STO is currently trading at $0.09062. The chart indicates that STO has experienced a recent rally and is now consolidating around a key resistance level. Its immediate movement will determine if it can break out to higher prices or if it will experience a pullback.
Key Levels to Watch:
Resistance: $0.09070 (immediate resistance, just above current price) and $0.09100 (stronger resistance).
Support: $0.09062 (current price, immediate support) and $0.09050 (next support below).
Trade Setup - Anticipate a Directional Move!
Bullish Entry: A confirmed move and sustain above $0.09070 could target:
Target 1: $0.09085 (approx.)
Target 2: $0.09100
Bearish Entry: A break below $0.09062 could target:
Target 1: $0.09050 (approx.)
Target 2: $0.09030 (approx.)
STO is consolidating at a key resistance after a rally. A clear break above $0.09070 could lead to further upside, while rejection might lead to a retest of support.