$STO Signal】Pullback confirmation, secondary bullish surge


$STO 1H level pullback to EMA20 with strong rebound, 4H Bollinger Bands fully open, price above the upper band. RSI surges to 89, buying momentum is very strong, but it has entered the overbought zone.

🎯Direction: Long

⚡Entry: Enter immediately at around 0.1502, or place orders in the 0.128-0.125 range for ambush.

🛑Stop Loss: 0.1165

🚀Target 1: 0.1783

🚀Target 2: 0.2030

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price falls back into the entry zone, exit unconditionally.

Order book depth shows significant buy-side support, with dense orders below at 0.149-0.150, indicating capital support intentions. The 4-hour MACD fast and slow lines are opening upward, with the histogram continuously enlarging, indicating the bullish trend is still accelerating. Open interest remains stable, with no signs of distribution such as price surges accompanied by decreasing open interest. This volume and price increase structure offers a risk-reward ratio of over 4 times, making it worthwhile to use a smaller stop loss to chase the trend continuation.

Check real-time market 👇 $STO
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
STO42,09%
BTC0,59%
ETH0,13%
SOL-0,36%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin