$STO Supply zone rejection — likely bearish continuation from the local high
Trade setup: Short
Entry zone: 0.09080 – 0.09180
TP1: 0.08950
TP2: 0.08820
TP3: 0.08680
SL: 0.09320
Price is battling to break and hold above the upper equilibrium zone after a recent surge. Momentum is weakening with repeated rejections, indicating that sellers are stepping in, and a return to lower support zones is likely.
Trade here on $STO 👇
Trade setup: Short
Entry zone: 0.09080 – 0.09180
TP1: 0.08950
TP2: 0.08820
TP3: 0.08680
SL: 0.09320
Price is battling to break and hold above the upper equilibrium zone after a recent surge. Momentum is weakening with repeated rejections, indicating that sellers are stepping in, and a return to lower support zones is likely.
Trade here on $STO 👇