$STO Strong Short Move Loading
$STO faced a sharp rejection from the 0.0530 resistance zone and is now showing signs of weakness after failing to hold the recent breakout. Multiple rejection candles suggest buyers are losing momentum.
Entry: 0.0515 - 0.0520
SL: 0.0535
TP1: 0.0500
TP2: 0.0490
TP3: 0.0475
Price is struggling to maintain higher levels and sellers are starting to take control near resistance. If 0.0510 breaks, downside momentum could accelerate toward the lower support zones.
The recent rally appears exhausted, making a short-term pullback increasingly likely.
Sell and Trade $STO

STOUSDT
Perp
0.05142
+0.86%
