$STO /USDT short trade signal 🔴
BEARISH RETEST IN PLAY AFTER REJECTION FROM LOCAL HIGH!
$STO is currently trading at $0.0973 (-1.22%), showing weakness after failing to hold above the $0.1000 level. Price was sharply rejected from the $0.1013 high and is now consolidating below key resistance. With lower highs forming, the pair is signaling a possible downside continuation if $0.0963 fails to hold.
Trade Setup (SHORT):
Entry: $0.09780 – $0.09850
Target 1: $0.09520
Target 2: $0.09320
Stop Loss: $0.10040
Why Short?
The market structure is shifting bearish with a clean double-top near $0.1013 and volume decreasing on green candles. Repeated rejection and failure to reclaim $0.100 indicates exhaustion from buyers. A break below $0.0963 will confirm the downside momentum.
Risk Management Tip:
Place SL above the failed high at $0.1005 to avoid getting caught in a fakeout. Protect your capital and adjust SL if price moves in your favor.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
buy and trade here on $STO
