📈 STO/USDT (1H) – Bullish Reversal in Play
Exchange: Binance – Perpetual Contract
Current Price: $0.1271
Volume Surge: 14.36M – Strong buyer interest
% Change: +1.02%
✅ Signal Type: Bullish Reversal
STO has broken out of a falling wedge formation with a sharp upward move, accompanied by increasing volume and bullish candles – confirming potential trend reversal.
🔍 Technical Breakdown:
Chart Pattern: V-shaped recovery from $0.105 area
Volume: Sustained and increasing – supports bullish move
Resistance to Watch: $0.1305 – short-term level
Support Zone: $0.1215–$0.1230 – recent breakout area
📊 Trade Setup:
🔵 Entry:
Ideal on small dip to $0.1245–$0.1260
OR on confirmation above $0.1305
🔴 Stop-Loss:
Below $0.1210 (invalidate recent breakout)
🟢 Targets:
TP1: $0.1330
TP2: $0.1375
TP3: $0.1450 (mid-term resistance)
Risk/Reward: ~2.5:1 depending on entry
⚠️ Invalidation:
Break and close below $0.1210 with high volume would invalidate this bullish setup.
✅ Buy and Trade Here: $STO