$STO USDT BEARISH PRESSURE BUILDS: STO SLIDES BELOW SUPPORT, SELLERS IN CONTROL!
🔍 Technical Analysis Overview
The $STO USDT pair is currently bearish, trading at $0.0747, down 4.72% in the last 24 hours. The price is struggling to hold key support, with rejection near $0.0787, marking it as a strong resistance level. Sellers are dominating as the structure breaks down further.
📉 Key Levels
Immediate Resistance: $0.0765
Major Resistance: $0.0787
Immediate Support: $0.0730
Major Support: $0.0700
With a daily low of $0.0729, the price is testing support around $0.0730. A breakdown below this zone may accelerate bearish momentum toward $0.0700.
📌 Trade Setup – SHORT Position
Entry: $0.0745–$0.0750
Take Profit (TP):
TP1: $0.0730
TP2: $0.0700
Stop Loss (SL): $0.0770
This setup is ideal for catching the next leg down as STO struggles to reclaim lost levels and volume supports the downside.
🧠 Market Outlook
The token is down 15.40% in the past 7 days and -35.82% over the last year, indicating long-term bearish sentiment. Unless bulls reclaim resistance quickly, STO looks ready for a further drop toward deeper support zones.
⚠️ Risk Management
Only risk 1–2% per trade. Stick to the SL, and always monitor volume for confirmation. Avoid revenge trading after losses.
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