STO's recent performance is indeed worth paying attention to. In this rally, the price has increased by 32.86%, and the holding volume has also surged, which often indicates that the main force is quietly accumulating rather than short sellers dumping.



From a trading perspective, if you want to participate in this rally, the appropriate entry points are around 0.1030 to 0.1060. The stop-loss is set at 0.0950, which is a hard resistance level. As for targets, you can consider two stages: first aiming for 0.1280, and then seeing if there's an opportunity to push to 0.1500.

The details on the chart are also quite interesting—buy orders are clearly exerting strength at the key resistance level, supported by nearly 370 million USD in trading volume. This volume, combined with increasing holdings, usually indicates a healthy breakout. More importantly, there is no obvious profit-taking selling pressure at the moment, and short-term pullbacks are being quickly absorbed, showing that the bullish momentum is still intact. As long as the price stays above the psychological level of 0.1000, there is a good chance of further upward extension.
STO18.29%
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
  • 3
  • Repost
  • Share
Comment
0/400
NFTArchaeologisvip
· 5h ago
A trading volume of 370 million USD is like the preparatory steps before ancient ceramic firing; details determine success or failure. However, that psychological threshold of 0.1000 is honestly a bit fragile—depends on how genuine the subsequent funds' intentions are.
View OriginalReply0
MEV_Whisperervip
· 5h ago
A 32% increase, and the position volume is still soaring. This market is indeed quite interesting.
View OriginalReply0
MysteryBoxBustervip
· 5h ago
Wow, the combination of volume and price for this STO is really impressive. With $370 million invested, no one else is stepping in. This is the main force's move.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 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)