Honestly, I’ve been watching this short position of $STO for a long time. The range from 0.04538 to 0.04556—yesterday, on the 4-hour timeframe, it surged up twice but got knocked back both times. That’s a typical supply zone suppression. My own logic is simple: the daily structure itself doesn’t support moving higher. The rebound back to this area just happens to provide a second entry opportunity.
On the 15-minute timeframe, the volume is up by a noticeable amount compared to usual. The sell orders are real, genuine money being dumped—not random retail just running around. The risk-reward for entering right now feels quite comfortable to me. Even if it rebounds a bit, as long as it doesn’t break that high point, the short structure won’t change. Keep holding and wait for the next leg of downside.
🔴 Trading Direction: Short
📍 Entry Range: 0.04538 – 0.04556
🛑 Stop Loss: 0.04632
🎯 Take Profit 1: 0.04483
🎯 Take Profit 2: 0.04441
🎯 Take Profit 3: 0.04377
#STO
Click below to trade👇👇👇
On the 15-minute timeframe, the volume is up by a noticeable amount compared to usual. The sell orders are real, genuine money being dumped—not random retail just running around. The risk-reward for entering right now feels quite comfortable to me. Even if it rebounds a bit, as long as it doesn’t break that high point, the short structure won’t change. Keep holding and wait for the next leg of downside.
🔴 Trading Direction: Short
📍 Entry Range: 0.04538 – 0.04556
🛑 Stop Loss: 0.04632
🎯 Take Profit 1: 0.04483
🎯 Take Profit 2: 0.04441
🎯 Take Profit 3: 0.04377
#STO
Click below to trade👇👇👇