🔴 $STO Bulls Just Got Slapped — $1.28K Liquidated!
OUCH. The long side just took a sharp hit.
$1,277.8 worth of long positions on #STO were liquidated at $0.20992, as the market pulled the floor out from under hopeful bulls.
What went down?
Traders betting on a bounce loaded up… but the market had other plans. As price dipped below key support, margin calls kicked in — longs got force-closed, creating a cascade of selling pressure.
Why it matters:
Long liquidations trigger automatic sell-offs, dragging the price down further.
It exposes fragility in bullish sentiment — bulls may be overleveraged, and bears smell blood.
This could either lead to a deep flush or a snapback rally as weak hands get shaken out.$STO
Current Pulse:
Tense. Cautious. Watchful.
This liquidation zone is now the battleground — will bulls defend, or will bears push it lower?
Key Zones to Watch:
Support Danger Zone: $0.205 - $0.209
Bounce Trigger: $0.215
Breakdown Risk: If $0.205 fails, a drop toward $0.198 could be fast and brutal.
Final Thought:
The bulls are on the ropes. But remember — some of the strongest reversals are born in pain.
Will this be a trap for the bears or the beginning of a bigger move down?
CoinCrafters — stay focused, stay sharp. This is where traders are tested.$STO
