#STO — Breakout Potential Building 🔍
#STO has been trading within a descending channel, reflecting a mid-term corrective structure.
Recently, the price bounced sharply from the channel’s lower boundary (📍yellow arrow), signaling potential bullish momentum emerging from this support zone.
📈 If the price breaks above the channel resistance, the following targets may come into play:
🎯 $0.0776
🎯 $0.0886
🎯 $0.0975
🎯 $0.1063
Indicators support the bullish case:
✅ RSI has reclaimed the 50 level, showing strengthening momentum
✅ MACD is showing early signs of a bullish crossover
⚠️ Note: If the breakout fails, price may continue consolidating or revisit lower levels.
Always use a tight stop-loss and apply proper risk management.
#STO has been trading within a descending channel, reflecting a mid-term corrective structure.
Recently, the price bounced sharply from the channel’s lower boundary (📍yellow arrow), signaling potential bullish momentum emerging from this support zone.
📈 If the price breaks above the channel resistance, the following targets may come into play:
🎯 $0.0776
🎯 $0.0886
🎯 $0.0975
🎯 $0.1063
Indicators support the bullish case:
✅ RSI has reclaimed the 50 level, showing strengthening momentum
✅ MACD is showing early signs of a bullish crossover
⚠️ Note: If the breakout fails, price may continue consolidating or revisit lower levels.
Always use a tight stop-loss and apply proper risk management.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.