📉 STO/USDT in a critical zone: strong correction or opportunity?
The STO/USDT pair is at a decisive moment after a strong recent movement. Even with the price still showing significant gains overall, the short-term chart shows clear signs of selling pressure and loss of buying strength.
On the 1-minute timeframe, the price is below the MMs 7, 25, and 99, confirming a still bearish short-term structure. The RSI around 26 indicates oversold conditions, which historically can open space for a technical rebound, but still without clear confirmation of reversal.
The MACD remains negative, with weak histograms, showing that selling momentum still dominates the movement. The volume increased during declines, reinforcing that part of the market is taking profits after the recent rise.
🔎 Important levels:
- Immediate support: region of 0.108 – 0.109
- Resistance: between 0.112 and 0.115
- Losing support could lead to a deeper correction.
- Recovery above the averages could reignite the bullish bias.
⚠️ Summary: STO is stretched in the short term, with indicators pointing to exhaustion. A technical pullback may arise, but the immediate trend still requires caution. Risk management is essential at this point in the chart.
Market in decision. Now is a cold reading of the chart, not emotion.
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