Structure holding above support… early accumulation attempt forming.
$STO /USDT – LONG
Trade Plan
Entry: $0.0874 – $0.0895
SL: $0.0828
TP1: $0.0948
TP2: $0.1021
TP3: $0.1212
Why This Setup?
4H Structure: Price holding above previous low ($0.0874) showing buyers defending support after pullback. No breakdown confirmation yet → structure still intact.
Price Positioning: Current price is sitting right on demand zone → high probability reaction area for bounce if buyers step in.
MA Context: Resistance at MA(25) near $0.1021 is key trigger zone. A reclaim above it would confirm momentum shift from range to trend continuation.
RSI Behavior: Likely near neutral/oversold recovery zone → space for upside expansion if momentum returns above midline (50).
Volume Insight: If buy volume increases near support, it signals absorption and accumulation rather than distribution.
Daily Context: If $0.0874 holds on 4H close, this becomes a base-building structure for a move back into resistance zone ($0.10–$0.12).
As long as $0.0874 holds, buyers have control for a recovery move toward MA resistance cluster.
Debate:
Is this the start of a reversal from accumulation zone toward $0.10+…
Or just a temporary bounce before another breakdown below $0.087?
Trade $STO here 👇
