$STO is trading at $0.0994, hovering near a key support zone around $0.095. This level often acts as a strong floor, where buying activity tends to pick up. If $STO holds above this support with increasing volume, it could signal a potential rebound, with price targets around the $0.11 and $0.13 resistance levels. Traders might consider entering long positions near this area, with stop-loss orders placed just below $0.093 to manage risk.
However, a decisive break below $0.095 could indicate growing bearish momentum, possibly pushing the price down toward the next support around $0.08—opening the door for short setups. Watching volume closely is key: rising volume on upward moves suggests strength, while volume spikes on declines point to selling pressure.
