$STO
USDT BULLISH REVERSAL – BUYERS TAKING CONTROL FOR A POTENTIAL UPSIDE PUSH
$STOUSDT has shown a strong bullish reversal on the 1H chart, breaking above the recent consolidation range with momentum. Current price is at 0.0665, reflecting a +5.72% rise, indicating aggressive buying interest.
🔑 Key Levels:
Support: 0.0620 – 0.0630 zone
Resistance: Immediate resistance at 0.0672 (24H high), further resistance near 0.0700 psychological level
Current Price: 0.0665
🎯 Trade Setup (Long):
Entry Zone: 0.0655 – 0.0665
Take Profits:
TP1: 0.0672
TP2: 0.0685
TP3: 0.0700
Stop Loss: 0.0638
📊 Short Market Outlook:
The market has shifted from a prolonged bearish structure to a sharp bullish breakout, suggesting that momentum buyers are stepping in to capture quick upside towards 0.0700. Holding above 0.0655 will keep this bullish bias intact.
⚠️ Risk Management:
Trade with strict position sizing and place SL below recent support (0.0638) to manage unexpected volatility and protect capital.
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buy and trade here on $STO