$STO /USDT TECHNICAL ANALYSIS – LOWER HIGH FORMATION SHOWS WEAKENING BULLS!
$STO is trading at $0.0954, showing a 3.64% decline on the day. After reaching the recent high of $0.1020, price action has shifted into a downward trajectory. The current 1H chart shows a clear lower high structure, with price struggling to reclaim the $0.0965–$0.0975 resistance zone.
Market Outlook:
Local support near $0.0936 is holding for now, but pressure is building.
Failure to reclaim above $0.0965 confirms short-term bearish momentum.
Candles show rejection wicks and weaker bullish follow-through.
Why Bearish?
Lower highs and lower lows on 1H suggest a short-term downtrend.
Break below $0.0936 would expose $0.0910–$0.0900 as next key levels.
Volume declining after failed bullish attempts near $0.1000 zone.
Risk Management Tip: Avoid chasing longs unless $0.0975 is flipped with strong confirmation. For shorts, keep stop loss tight above $0.0985 to manage risk efficiently.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
