#TradeStories 🔥 $STO in critical zone: bullish breakout or imminent drop?
#MostRecentTrade #TradeStories #CryptoTrading 🔥📈
Currently, $STO is holding at $0.1338, stabilizing after a strong sell-off of -14.29%. The price is at a decisive point, where a breakout could define the next trend.
🔎 Key levels to watch:
📈 Resistance: $0.1358 – If the price surpasses this level, the momentum could carry it to $0.1390 and then $0.1420.
📉 Support: $0.1330 – Losing this zone would open the way to $0.1305, and even $0.1275 if the bearish pressure continues.
📊 Trading strategy:
✅ Bullish scenario:
Entry: Above $0.1358 (breakout confirmation)
Target 1: $0.1390
Target 2: $0.1420
Stop-Loss: Below $0.1330
❌ Bearish scenario:
Entry: Below $0.1330 (drop confirmation)
Target 1: $0.1305
Target 2: $0.1275
Stop-Loss: Above $0.1358
📢 Pay attention to the volume: A spike in activity and a candle close outside this range will set the path.
🚀 What do you think about the movement of $STO? Would you bet on the bullish breakout or the bearish pressure?