$STO MOMENT OF TRUTH: WILL BUYERS BREAK THROUGH?
$STO is trading at $0.1484, up 12% on the day, with strong bullish momentum and climbing volume. Price is hovering just below key resistance, hinting at a potential breakout if bulls stay in control.
Key Price Levels:
• Resistance Zone: $0.1500 – $0.1510
A clean breakout above this range could drive STO higher toward:
• TP1: $0.1550
• TP2: $0.1610
• Support Zone: $0.1460 – $0.1425
Losing this zone could trigger downside movement toward:
• TP1: $0.1380
• TP2: $0.1315
Trade Setup – Eyes on Breakout or Fade:
• Bullish Entry: On confirmation above $0.1500
• Targets: $0.1550 and $0.1610
• Stop-Loss: Below $0.1460
• Bearish Entry: If price breaks below $0.1425
• Targets: $0.1380 and $0.1315
• Stop-Loss: Above $0.1500
Momentum is clearly favoring the bulls, but watch for a rejection at resistance.
