#BinanceHODLerSTO #SaylorBTCPurchase
STO/USDT Technical Analysis – 3 May 2025
Current Price: $0.2078
24h Change: +117.36%
Volume: 445M+ STO traded
Key Levels:
Resistance: $0.2131
Support: $0.1888
Indicators:
MACD: Bullish crossover – strong upward momentum
RSI(6): 77.5 – Overbought zone, price correction possible
Moving Averages (MA7, MA25, MA99): Price is above all, confirming short-term uptrend
Market Sentiment:
Bulls are currently in control.
High volume confirms strong interest.
But RSI suggests market is overheated.
Buy or Sell?
Short-term traders: Consider booking partial profits or using a trailing stop.
New entries: Wait for slight dip or RSI cooling before fresh buy.
Can STO Hit $1 Soon?
While today's momentum is strong, hitting $1 in 1-2 days is unlikely without a major catalyst.
Watch for consolidation and news updates.
