$STO AT CRUCIAL LEVEL – BREAKOUT OR FAKEOUT LOADING?
$STO is currently trading at $0.1272, up +2.09% on the day, but the price is hovering right below a tight resistance zone. Buyers are attempting a comeback, but selling pressure at the top is still active—next move could decide the short-term trend.
Key Levels to Watch:
Resistance Zone:
• $0.1285 – $0.1300
• Breakout above this zone may lead to:
• TP1: $0.1320
• TP2: $0.1350 (24h high retest)
Support Zone:
• $0.1260 – Key demand level
• If this fails, possible drop towards:
• TP1: $0.1235
• TP2: $0.1210
Trade Setup: Volatility Ahead
BULLISH ENTRY:
Watch for a confirmed break and close above $0.1285:
• TP1: $0.1320
• TP2: $0.1350
• Stop-Loss: Below $0.1255
BEARISH ENTRY:
If $STO drops below $0.1260 support, momentum may flip:
• TP1: $0.1235
• TP2: $0.1210
• Stop-Loss: Above $0.1285
Volume & Sentiment:
Volume sits at 151.27K, with 55.26% of the order book on the bid side—bulls have a slight edge, but resistance remains heavy.
Be ready for a breakout or a sharp rejection.
