$STO - UPDATE !

Current Price: 0.19241 (+59.41%)

Trend: Strong Bullish (Parabolic Move)

Key Levels:

• Immediate Resistance: None shown, but psychological resistance likely at 0.20000

• Support Zones: No clear levels marked; watch for pullback to 0.15000 or lower

Technical Indicators & Patterns:

• BMS Label: Typically indicates a breakout momentum signal—confirms strong buying pressure

• Volume Spike: The extreme move suggests FOMO buying; be cautious of a potential sharp retracement

• RSI : Likely in overbought territory (>70), increasing reversal risk

Trade Strategy:

• Aggressive Approach: If bullish, wait for a retest of 0.15000–0.16000 for a potential long entry

• Conservative Approach: Wait for a consolidation phase—parabolic moves often correct hard

• Stop-Loss: If trading, keep a tight SL below key support (e.g., 0.14000)