$STO is trading at 0.0945 USDT (Rs26.8), marking a 2.38% daily gain. The price range over the past 24 hours has been 0.0889 – 0.0977 USDT, indicating moderate intraday volatility.
Trading Volume:
The 24-hour trading volume stands at 19.26M STO (~1.79M USDT), suggesting healthy liquidity. The volume MAs show MA(5) at 392,648 and MA(10) at 405,411, indicating that recent activity is close to the average, without major spikes that usually hint at strong breakouts or sell-offs.
Moving Averages (Price):
MA(7) = 0.0944 → just under current price, offering short-term support.
MA(25) = 0.0930 → another support zone, showing bullish momentum in the near term.
MA(99) = 0.0966 → above the current price, acting as a resistance level.
Technical Outlook:
STO shows short-term bullish momentum since the price is trading above MA(7) and MA(25). However, it faces resistance around 0.0966 (MA99), which aligns closely with the recent high at 0.0977 USDT. A breakout above this level could push STO toward 0.1000+ USDT, while failure to sustain above 0.0940 may lead to a pullback toward 0.0930 or even 0.0890.