$STO CLIMBING STEADILY – WILL BUYERS PUSH PAST RESISTANCE?
$STO is currently trading at $0.1216, up +1.93% on the day with a strong intraday recovery from $0.1143. Price is now hovering just under resistance after a clean bounce, and bulls are showing signs of strength.
Key Technical Levels
• Immediate Resistance: $0.1220 – $0.1230 — Needs a breakout to confirm bullish continuation.
• Support Zone: $0.1205 – $0.1210 — Holding above this keeps momentum alive.
Trade Setup – Breakout Watch in Progress
Bullish Scenario:
If $STO breaks and holds above $0.1220:
• TP1: $0.1245
• TP2: $0.1270
Bearish Pullback Scenario:
If price loses $0.1205:
• TP1: $0.1190
• TP2: $0.1175
Stop-Loss Guidance:
• Longs: SL below $0.1200
• Shorts: SL above $0.1230
Momentum is building, but breakout confirmation is key—watch for volume and candle close above resistance.