🔥 $STO
BULLISH CONTINUATION ALERT
I’m watching $STO closely as it just broke out and is holding above the key 0.1270 zone. Buyers are strong, and the next resistance sits at 0.1336. This setup looks ready for a clean upward continuation.
📈 Trade Setup:
Entry Zone: 0.1270 – 0.1280
I’m looking for a safe entry near this zone, ideally closer to 0.1275 if the breakout holds.
Target Points:
TP1: 0.1336
Stop-Loss (SL): 0.1248
I’m keeping the stop just below the recent support to protect capital in case buyers lose control.
Why This Setup Works:
This is a classic breakout-hold setup. Price breaking and holding above 0.1270 confirms bullish momentum. Waiting for a pullback or confirmation near the entry zone increases the probability of a successful continuation. Risk/reward is solid:
Risk: 0.1275 entry → 0.1248 SL = 0.0027 risk
Reward: 0.1275 entry → 0.1336 TP1 = 0.0061 reward
R:R Ratio ≈ 2.25:1
I’m planning to enter with discipline and respect the 0.1248 stop. The structure suggests buyers are in control, making this a clean continuation trade.
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