#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.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.