🚨$STO
STOUSDT
Prep
0.11169
-0.64%
BEARISH SETUP: DOWNSIDE PRESSURE ANTICIPATED
The $STO chart shows bearish signs after price faced rejection near the 0.115–0.1153 resistance zone. Lower highs on the 1H timeframe indicate sellers are gaining control. A break below immediate support at 0.113 could trigger further downside, presenting a shorting opportunity.
Entry: Short near 0.114–0.115 resistance
Targets:
TP1: 0.113
TP2: 0.111
TP3: 0.107
Stop Loss: Above 0.116 resistance
Risk Management: Risk 1–2% per trade, scale out partially at each target to secure profits.