$STO /USDT short trade signal 🚦 🛑
BEARISH REVERSAL IN PLAY – BREAKDOWN SHOWS SELLER DOMINANCE
Price action on the 30-minute chart reveals a sharp rejection near the $0.176 resistance zone, followed by a strong bearish engulfing candle. STO is currently trading at $0.1701, with clear momentum shifting downward as the price forms lower highs and lower lows.
Trade Setup (Short):
Entry: $0.1700 – $0.1710
Take Profit (TP): $0.1655 / $0.1610
Stop Loss (SL): $0.1745
Market Outlook:
Unless bulls reclaim the $0.174 zone with strong volume, the bias remains bearish. A break below $0.167 would confirm further downside towards the next support area. Watch volume for confirmation.
Pro Tip: Avoid early entries; wait for candle close below $0.169 for confirmation of breakdown.
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