49625448356 Looking to break - Will it surpass $0.1305?
The Standard & Poor's 500/USDT pair is settling at $0.1300, showing slight bullish strength after bouncing off a lower support level. The price is now testing a short-term resistance level around $0.1305.
Key levels:
• Resistance: $0.1305 - $0.1330
• Support: $0.1285 - $0.1265
Trading setups:
• Bullish scenario:
• Entry: Above $0.1305
• First profit target: $0.1320
• Second profit target: $0.1339 (highest price in 24 hours)
• Final target: $0.1365
• Stop loss: Below $0.1285
• Bearish scenario:
• Entry: Below $0.1285
• First profit target: $0.1265
• Second profit target: $0.1240
• Stop loss: Above $0.1305
The STO stock is stabilizing near a key resistance level. Any decisive move above $0.1305 may push the stock towards its previous highest price. Please be cautious when trading below $0.1285.