After a powerful surge, $STO hit strong resistance near the 0.49 level and got rejected hard. Price failed to sustain those gains and reversed sharply, signaling that sellers stepped in aggressively — a classic sign of profit-taking following a major pump.

Momentum has shifted bearish, with lower highs now forming on the chart. The key zone to watch is 0.40 – 0.42. While price remains below this area, selling pressure is likely to persist. Chasing entries at elevated levels is risky — patience is key. Wait for a clear and confirmed support base before considering any new long position.​​​​​​​​​​​​​​​​

STO

0.1305

-4.60%