⚡ $STO /USDT Technical Analysis (4H Chart)
Current Price: $0.0830
24H Change: +10.81%
📊 Moving Averages (Trend Confirmation):
MA 7: $0.0717
MA 25: $0.0684
MA 99: $0.0693
✅ The price has broken above all key moving averages, signaling the start of a bullish trend reversal.
🟢 Bullish Signals:
Strong Breakout Candle: Recent 4H candle shows a clear breakout with high volume — classic breakout from accumulation.
MA Crossover Incoming: MA7 is crossing MA25 and MA99, forming a potential bullish alignment.
Descending trendline broken — likely signaling the end of the downtrend.
Momentum surge after a long consolidation phase (~2 weeks sideways movement).
🎯 Target Zones (Potential Resistance):
Target 1: $0.090 — Local resistance and psychological level.
Target 2: $0.105 — Resistance from mid-June.
Target 3: $0.135 — Previous consolidation top from late May.
🛡️ Support Zones:
$0.075 (MA7): Short-term support zone.
$0.068 (MA25): Critical support; losing this could signal a failed breakout.
$0.060: Structural support zone from previous accumulation.
🔍 Chart Pattern:
Rounded Bottom Formation visible.
Breakout suggests possible trend reversal after prolonged downtrend.
🔮 Outlook:
If STO/USDT sustains above $0.075, bulls may push toward $0.09 and $0.10 rapidly. Volume confirmation will be key to validate the breakout. Failure to hold MA25 would weaken bullish momentum.
⚠️ Disclaimer:
Not financial advice.
DYOR — Do Your Own Research.
Crypto markets are highly volatile — always manage your risk!
