$STO /USDT – Bearish Pressure Testing Key Support!
Momentum Analysis: STO is under selling pressure, down -12.07% to $0.1071, testing near its 24h low at $0.1050. Despite decent volume with 39.65M STO and 4.47M USDT traded, the strong bearish momentum suggests caution.
Long Setup: Consider entries cautiously near $0.1060–$0.1080 if price stabilizes. Targets: T1 at $0.1110, T2 at $0.1145, and T3 at $0.1180. Stop loss tight below $0.1040 to minimize risk.
Breakout Confirmation Level & Key Support: Breakout above $0.1205 would signal reversal, but for now, key support at $0.1050 is critical.
Pro Tip for Traders: Avoid chasing the dip; wait for confirmation of a reversal pattern before entering long.
