$STO /USDT – Fresh DeFi Drop or Stealth Accumulation Zone? 🧬🔍
Momentum Analysis:
$STO is trading at $0.0884, down -8.58% on the day. Despite the dip, 24h volume remains active with 24.29M STO traded. The price is hugging support just above its 24h low of $0.0873, with resistance around $0.0967. A decisive breakout or breakdown could be imminent.
📈 Long Setup (Rebound Play):
Entry Zone: $0.0870 – $0.0890
Targets:
T1: $0.0934
T2: $0.0963
T3: $0.0993
Stop Loss: $0.0846
🔓 Breakout Confirmation Level: $0.0967
🛡️ Key Support: $0.0846
Pro Tip for Traders:
New DeFi tokens often dip before they rip. $STO is sitting on volume-backed support and may be prepping for a recovery bounce. If it holds above $0.087, keep your eyes on $0.0967 for a potential breakout entry. This could turn fast. ⚡️