$STO CRITICAL BOUNCE ZONE: BREAKOUT OR DEAD CAT BOUNCE?
$STO/USDT is trading at $0.1146, bouncing off intraday lows of $0.1142 after a steady drop. With a +5.82% daily change and volume crossing 310K, buyers are attempting to regain momentum—but resistance is just overhead.
Key Price Levels:
• Immediate Resistance: $0.1168 – $0.1185
• Support Zone: $0.1140 – $0.1142
Trade Setup:
Bullish Scenario:
• Entry: Above $0.1168
• TP1: $0.1185
• TP2: $0.1210 (24h High)
• SL: Below $0.1140
Bearish Scenario:
• Entry: Below $0.1140
• TP1: $0.1105
• TP2: $0.1080
• SL: Above $0.1168
$STO is trying to stabilize—watch closely for a confirmed breakout or breakdown as momentum builds around this support zone.