$STO /USDT – New DeFi Token Grinding Higher! Breakout Brewing Above $0.121!
Current Price: $0.1206 (+0.84%)
$STO is showing resilience with consistent upward pressure. Volume is increasing as it tests the $0.1211 resistance zone. A breakout could trigger the next leg up.
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🔼 Bullish Setup
Entry Zone: $0.1180 – $0.1210
TP1: $0.1250
TP2: $0.1300
TP3: $0.1350
Stop Loss: $0.1130
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🔻 Bearish Scenario (on breakdown):
Entry Zone: Below $0.1130
TP1: $0.1080
TP2: $0.1050
Stop Loss: $0.1215
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📊 Trading Data
24h High: $0.1211
24h Low: $0.1056
24h Volume (STO): 56.68M
24h Volume (USDT): $6.41M
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📉 Market Insights:
Price is consolidating near resistance with a strong support base at $0.1136 and $0.1091. A clean breakout above $0.1211 on volume could confirm bullish momentum.
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💡 Pro Tip:
Watch closely for volume spikes on 15m/1h charts. Enter only with confirmation to avoid fakeouts. Ideal R:R ratio near 2.5x from this setup.
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