$STO Just Transferred 16M Tokens to Exchange — Chart Already Showing the Damage 🔪
Down 60% from highs. All EMAs broken. Team transferring tokens to exchange — that's the headline nobody wanted.
But MACD is attempting a crossover in negative territory, RSI at 38 approaching oversold, and volume spiking near the lows.
Capitulation is a process, not a single candle.
📍 Trade Plan — STO/USDT
Entry Zone: $0.1096 – $0.1230 (only after RSI sub-35 and confirmed reversal candle)
Target 1: $0.1346 (EMA200 reclaim)
Target 2: $0.1515 (EMA50 resistance)
Stop Loss: $0.0980 (below panic low, no argument)
Exchange transfers are red flags. Don't fight this trend without hard confirmation. Wait for the candle that closes green with volume above MA5 — then reassess.
DYOR | NFA
STO
0.1169
-4.64%