$STO
BULLISH TECHNICAL ANALYSIS – BUYERS GAINING CONTROL ABOVE SUPPORT
$STO is holding a strong bullish structure as price continues to defend the 0.1150–0.1198 support zone. Repeated rejections from the downside and higher-low formations indicate growing buyer strength. The market is now approaching the 0.1250–0.1300 resistance area, which is key for the next bullish breakout.
Momentum is gradually building, and a clean move above 0.1250 can open the path toward higher liquidity levels.
KEY TECHNICAL SIGNALS
Higher lows forming above 0.1150 support
Price consolidating just below 0.1250 resistance
Volume rising on bullish moves
Trend structure favors continuation toward upper targets
TARGETS (TP)
TP1: 0.1250
TP2: 0.1300
TP3: 0.1350
STOP LOSS (SL)
Below 0.1150 support
Risk Management:
Use small position sizing, stick to SL, and avoid chasing after extended bullish candles.
