$STO : Bollinger Band Breakout Signals Bullish Continuation – Key Levels to Watch
Trade Bias: Bullish
Entry Range: Near current price at $0.20481, or on a pullback to the mid-Bollinger Band at $0.19093
Take-Profit Targets:
TP1: $0.21524
TP2: $0.22000
TP3: $0.23500
TP4: $0.24800
Stop Loss: Set below $0.16662
Why This Trade?
$STO/USDT is showing signs of bullish continuation with price climbing 0.62% and holding above the mid-Bollinger Band. The approach toward the upper band suggests growing upside momentum, while the widening Bollinger Bands indicate increasing volatility. Volume is picking up, and a clean break above recent highs could confirm a breakout. This setup offers a solid opportunity to ride a move toward the next major resistance levels.