【$STO Signal】Short squeeze pullback, second attempt to push higher

$STO 1H level RSI skyrocketed to 80.5, price broke above the Bollinger upper band. The 4-hour MACD histogram continues to expand, but buying depth is unbalanced at -73%, with sell orders piling up above 0.312.

🎯Direction: Wait for a pullback to go long

⚡Entry/Order: Accumulate in the 0.2187 - 0.2244 zone

🛑Stop loss: 0.1857

🚀Target 1: 0.3791

🚀Target 2: 0.4564

🛡️Trade management:
- Execution strategy: Half position at Target 1, remaining position with stop loss moved up to entry price. If the price cannot hold above 0.30, exit proactively.

Funding rate -0.1%, position volume stable, bears are still paying fees. The 1-hour price is far from the moving averages, making chasing high very risky. Current risk-reward ratio is close to 1:4, so it’s worth waiting for a healthy pullback. The area around 0.22 below is a dense trading zone from the previous breakout and also the 1-hour EMA50, indicating clear support from funds.

View real-time market 👇 $STO
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