$STO

At press time, STO trades at $0.17 with the trading volume of over $45 million. On the 4-hour chart, today’s 30%+ surge has pushed STO price well above both the 20-period EMA and the 50-period SMA, signaling strong bullish momentum. The RSI has also entered overbought territory above 70 on the breakout, suggesting a potential pullback or consolidation in the near term. However, a bullish crossover between the 20 EMA and the 50 SMA happened before the breakout, potentially serving as an early signal of the uptrend.

Looking ahead, this sharp rally may be due for a short-term pullback, but the technical setup suggests a broader uptrend could be unfolding.