I'm on $STO — Long Liquidation: $1.3544K at $0.20044
$STO faced a significant long liquidation at $0.20044, suggesting trapped buyers and increased downside risk.
Price rejected hard from the $0.202 zone, showing a lack of buying strength.
If $STO fails to reclaim above $0.205, the bearish pressure could intensify.
Short Setup:
• Entry: $0.198–$0.202
• TP1: $0.185
• TP2: $0.175
• TP3: $0.160
• SL: Above $0.210
Watch for a break below $0.198 — sustained weakness could trigger a faster drop.
Volume spikes near $0.202 will confirm rejection, reinforcing the downside bias.
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