$STO Showing Exhaustion After Strong Rally ๐
$STO has made a strong upside move, but price is now showing clear signs of exhaustion near the highs. Rejection from this area suggests the momentum is weakening, and a pullback could begin if sellers continue to defend the resistance zone.
๐ Entry Zone: 0.245 โ 0.260
๐ Stop Loss: 0.280
๐ฏ Targets:
โข 0.230
โข 0.2150
โข 0.1900
As long as price stays below the local top zone, this short setup remains valid. A failed breakout or repeated rejection from current levels can push price toward lower support areas.
Trade $STO ๐
$STO has made a strong upside move, but price is now showing clear signs of exhaustion near the highs. Rejection from this area suggests the momentum is weakening, and a pullback could begin if sellers continue to defend the resistance zone.
๐ Entry Zone: 0.245 โ 0.260
๐ Stop Loss: 0.280
๐ฏ Targets:
โข 0.230
โข 0.2150
โข 0.1900
As long as price stays below the local top zone, this short setup remains valid. A failed breakout or repeated rejection from current levels can push price toward lower support areas.
Trade $STO ๐