$STO — Range Breakout Forming, Eyes on Momentum
$STO is currently trading at $0.0613 after rejecting the recent $0.0680 spike high and pulling back toward the $0.0600 support zone. The 1H chart shows consolidation with higher lows, signaling a potential buildup for another upside breakout.
📈 Trade Plan (Long Bias)
Entry Zone: $0.0600 – $0.0620
Stop Loss: $0.0575
Targets:
• TP1: $0.0650
• TP2: $0.0680
• TP3: $0.0720
Why this setup matters:
Maintaining $0.0590 keeps the short-term bullish structure intact.
A clean break above $0.0650 could ignite momentum toward previous high liquidity zones.
Price action suggests accumulation near support with buyers stepping in, making this a well-defined risk-reward long opportunity.
Positioning early on strength above support allows traders to capitalize on potential breakout momentum.
Buy and trade
$STO strategically. 🚀
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