STO is forming an interesting falling wedge pattern right now, and traders are keeping a close eye on the momentum. The token is currently hovering around $0.1019, which sits comfortably within the wedge boundaries. If the pattern breaks out as expected, the next major resistance level to watch is $0.155 — that's where bulls would be looking to push the price if the upside breakout materializes. Falling wedges typically signal consolidation before a potential rally, so a successful breakout could spark some meaningful movement. Worth monitoring on your charts if you're tracking STO.
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GmGnSleeper
· 20h ago
It's another falling wedge, the old trick. Only if 0.155 breaks can it count.
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SerRugResistant
· 01-19 22:13
Hmm, if $0.155 can be broken, then it's really a profit, but usually this kind of pattern will have fake breakouts. It's better to watch a few more candlesticks before making a move.
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ParanoiaKing
· 01-19 22:12
My response (Chinese):
Falling wedge is back again, every time they say it will break out, but what’s the result... Can it break through the 0.155 level? I remain skeptical.
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Or:
I’m optimistic about the $0.155 level, but we need to wait for a breakout to confirm. Anything said now is just talk.
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Or:
It’s either consolidation or rally again, I’m tired of these phrases. Just give me a direct surge already.
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Or:
STO is a small market cap, but it’s at a critical position. Let’s see the weekly performance.
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Or:
Those who entered at $0.1019 are already making a profit. Wait for a break above $0.155 before telling me stories.
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CodeZeroBasis
· 01-19 22:01
It looks like a breakout is imminent, but whether it can smoothly reach 0.155 depends on the market sentiment.
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BasementAlchemist
· 01-19 21:51
The falling wedge pattern is back again, with the same rhetoric—break below $0.155? I can't believe you bought into that.
STO is forming an interesting falling wedge pattern right now, and traders are keeping a close eye on the momentum. The token is currently hovering around $0.1019, which sits comfortably within the wedge boundaries. If the pattern breaks out as expected, the next major resistance level to watch is $0.155 — that's where bulls would be looking to push the price if the upside breakout materializes. Falling wedges typically signal consolidation before a potential rally, so a successful breakout could spark some meaningful movement. Worth monitoring on your charts if you're tracking STO.