$STO USDT BEARISH BREAKDOWN ā SELLERS TAKE FULL CONTROL šØ
$STOUSDT has broken down sharply on the 30M chart, showing a strong bearish move with a steep drop. The current price is 0.0647, down -7.31%, indicating aggressive sell-off and continuation of the downtrend.
š Key Levels:
Support: 0.0643 (24h low, immediate crucial support)
Resistance: 0.0665 (minor), 0.0719 (24h high, major resistance)
š Trade Setup (Short):
Entry Zone: 0.0648 ā 0.0655
Targets (TP):
TP1: 0.0635
TP2: 0.0615
Stop Loss (SL): 0.0665
š Market Outlook: The market structure remains strongly bearish with a clear breakdown candle confirming continuation. If 0.0643 breaks decisively, a fall towards 0.0615 can be expected in the short term.
ā ļø Risk Management: Always place your stop loss to protect capital. Limit risk exposure to 1-2% per trade to maintain discipline and survive volatile market moves.
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