$STO /USDT PERP BEARISH SETUP ALERT 📉
STO has completed a sharp pump-and-distribution move and is now showing clear bearish continuation signs.
Key Observations:
Strong rejection from the 0.13800 high
Price is trading below Parabolic SAR (0.11244) → bearish control
Structure shows lower highs & lower lows
Momentum is shifting down after exhaustion buying
Current Price: 0.10111
As long as price stays below 0.114–0.118 resistance, downside pressure remains active.
Bearish Targets 🎯
TP1: 0.08770
TP2: 0.08000
TP3: 0.07450 (major support zone)
Invalidation / SL:
Daily close above 0.118–0.120
Trading Plan:
Sell on pullbacks
Avoid FOMO longs
Trail stop after TP1
Proper risk management is key
Market already showed the pump, now it’s time for the dump phase.
#STOUSDT #CryptoAnalysis #BearishTrend #Perpetuals #BinanceFutures