$STO 1H — Pullback After Impulse, Key Decision Zone Ahead
Long $STO
Entry: 0.1580 – 0.1625
Stop Loss: 0.1535
Targets:
TP1: 0.1700
TP2: 0.1815
TP3: 0.1950
TP4: 0.2100
STO is now trading around 0.1596, after a strong move from the 0.12–0.13 area up to 0.25+, followed by a clean correction.
Price is currently sitting near a major support zone, which makes this a very important reaction area for the next move.
Market Structure:
Strong bullish impulse → healthy pullback
Lower highs forming on 1H
Price is now testing demand near 0.155–0.160
Bullish Confirmation:
A strong candle close back above 0.1650 would increase the probability of continuation.
Invalidation:
A clean breakdown below 0.1550 may open the door for deeper downside.
Conclusion:
STO is at a make-or-break support zone. If buyers defend this level, a sharp rebound toward the next resistance areas is possible.
Patience and confirmation are key here.
Trade $STO here
