$STO /USDT short tread single 🔴
SHORT TRADE SIGNAL – REJECTION NEAR LOCAL HIGH!
$STO faced repeated rejection near the $0.1010–$0.1020 zone, failing to break above recent highs. After a strong upward move, price is showing weakness with a bearish candle forming below $0.1000 — a sign of fading momentum and potential reversal.
Trade Setup (SHORT):
Entry: $0.0995 – $0.1006
Target 1: $0.0965
Target 2: $0.0935
Stop Loss: $0.1018
Why Short?
Price action shows a classic lower high structure on the 1H chart, with a bearish engulfing candle printing at resistance. Volume is not supporting further upside, and $STO may be setting up for a retracement to retest support near $0.0960.
Risk Management Tip:
If price closes above $0.1020 on the 1H, exit immediately — that invalidates the short setup. Stick to the SL and trail once TP1 hits.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
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buy and trade here on $STO