$STO experienced a significant increase (more than 100%) after being listed on Binance. From a low price of 0.0956, this token reached a high level of 0.2131 before correcting slightly and is currently trading around 0.1931.
Trading volume was high at 372 million tokens in 24 hours, indicating very strong market interest in this new listing. However, it should be noted that this is a price discovery phase, and extreme volatility is likely to occur.
Technically, there isn't much to read yet because indicators like MACD, RSI, and KDJ have not formed. This means that any current price movement is more driven by speculation and the momentum of early buyers rather than institutional accumulation or confirmed technical signals.
For those used to scalping, this could be a field for instant profit but also high risk. For swing/holders, there isn't enough technical basis to validate entry positions.
Disclaimer: Not Promotion & Not Financial Advice
