$STO IS LOSING STEAM AT THE TOP 📉
Entry: $0.32-$0.33 🔥
Target: $0.29 📉
Stop Loss: $0.36 🛑
Fade the extension. Let size come in only if price tags $0.32-$0.33 and stalls. Press the flush, then scale out at each liquidity pocket. Don’t chase breakdowns if bids keep soaking; wait for clean weakness. Keep risk tight above $0.36 and let the market prove the trend is rolling over.
I like this because parabolic moves usually die fastest once momentum loses velocity near the highs. The clean short thesis is simple: sell the retest, not the breakdown. If $STO can’t reclaim strength, trapped longs can fuel the next leg lower.
Not financial advice. Manage your risk.
#Crypto #Altcoins #Trading #ShortSetup #ScalpTrading
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