đš STO/USDT Price Alert â Oversold & Ready for a Bounce? đđ
Current Price: $0.1346
24H Change: -17.93% â
RSI: 17.40 (Deep Oversold Zone)
Whatâs Happening with STO?
STO just took a big hit, dropping nearly 18%!
But wait â the RSI is super low (17.4), which means:
Too many sellers = Bounce might be coming soon!
Hereâs the Simple Breakdown:
đ» Short-Term:
âą Heavy selling pressure
âą RSI is oversold = Bounce likely!
âą Watch for quick upside move if buyers jump in!
đ Recent History (from May 3):
âą STO was pumping hard â over 100% up!
âą Then came the correction â now itâs dropping fast
âą Past support around $0.17 - $0.19 could now act as resistance
â ïž Moving Averages:
âą Price likely dropped below key MAs = Bearish pressure still strong
Key Levels to Watch:
đĄïž Support:
âą $0.1167 â If price keeps falling, this is next key level
đ Resistance (on bounce):
âą $0.17 - $0.19 â Might act as a ceiling now
âą Watch if STO can reclaim this zone!
What Could Happen Next?
đ Bounce Incoming?
âą RSI is screaming âoversoldâ
âą Buyers may jump in for a quick recovery