Is $STO ‌ finally waking up or is this another trap?


That wick up to $1.86 looks insane on the daily chart but the reality is we are sitting way down at $0.14 now. Most people probably get caught at the top of that candle and are just waiting to break even.
Price action is getting really tight here. We’ve been flat for a few days after that massive drop. It feels like it’s building up energy for a move, but without a massive volume spike, it’s just noise.
Support seems to be holding around the $0.13 level for now. If we lose that, it could get ugly fast. But if we can flip $0.15 into support, we might actually see a decent relief rally back toward $0.30.
I’m just watching the bids for now. Not interested in chasing until I see some real strength.
What’s your plan here? Holding or waiting for lower?

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STO0,11%
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