WHAT YOU SAY
#STO Entered the trade just now.
Price is in a short-term **downtrend**, sitting near the middle–lower Bollinger Band on 15m with neutral RSI, so this is more of a no-trade or quick scalp zone than a clean buy setup.
What chart shows
15m BOLL(20,2): Candles dropped from around 0.10+ and recently wicked to 0.0952, now hovering just under the mid-band, which often acts as intraday dynamic resistance in a downtrend.
RSI(6) ≈ 45: Momentum is neither oversold nor overbought, so there is no strong reversal signal yet; it just reflects a pause after the dump.
How to think about entries
For aggressive longs, a better spot is usually near or slightly below the lower band with RSI getting oversold (<30–35 on your short RSI) and then curling up, ideally with a small bullish candle or hammer.
For shorts, confirmation would be price rejecting from the mid or upper band with RSI pushing up toward overbought (>65–70) but failing to break previous highs, keeping the lower-high structure intact.
Risk management hints
Avoid chasing in the middle of the bands; risk‑reward is weak because price can easily swing to either band in a choppy range.
If you do scalp, keep tight stops just beyond the opposite band and small position size, since STO is moving with decent intraday volatility and can spike quickly.