STO/USDT's recent performance has indeed caught the attention of many traders. The coin has increased by over 34.67% in the past 24 hours, driven by sustained enthusiasm in the DeFi sector and continuous capital inflows.



From a technical perspective, the rally started around 0.0798, then surged to an intraday high of 0.1590, nearly doubling in value, forming a typical green impulsive wave. After this straight upward move, the price experienced a slight correction in the 0.1000-0.1100 range, but importantly, buyers remained active in this zone, with trading volume staying high, indicating market participation is still strong.

From a trading standpoint, there are several key levels to watch:

It would be reasonable to look for entry opportunities in the 0.1060-0.1085 range, which is close to previous support levels and offers some upside potential. Stop-loss can be set at 0.1020 to manage risk clearly.

As for target levels, in the short term, focus on the psychological levels at 0.1150 and 0.1250. If buying pressure remains strong, the 0.1400-0.1500 range could become a longer-term target. But as always, trading involves risk—after such a large increase, chasing the high should be cautious, and position sizes should be controlled.

Overall, the enthusiasm behind this rally is real, but a correction after rapid gains is normal. Proper entry points and risk management are key to participating effectively in this type of market movement.
STO20,44%
View Original
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
  • 4
  • Repost
  • Share
Comment
0/400
GateUser-7b078580vip
· 5h ago
Data shows that behind the 34.67% increase, Gas fees may eat up half of the profits again. Let's wait and see the historical lows.
View OriginalReply0
GmGnSleepervip
· 5h ago
The doubling market is coming just like that, and I didn't even react.
View OriginalReply0
BTCBeliefStationvip
· 5h ago
A 34% increase... Can we chase it, or is it safer to wait and see?
View OriginalReply0
QuietlyStakingvip
· 6h ago
Another wave of price manipulation, pity those guys who bought high.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)