๐ฅ $STO RSI Went From 30 to 80 in Hours โ And 82x Volume Explains Everything
I've seen RSI move fast today. But $STO just went from oversold to 80 in a handful of candles.
That doesn't happen without serious money moving in. 68M volume against an 832K average โ 82 times normal.
Price broke above every single EMA including the 200. MACD zero-line cross just fired. DeFi is still rotating.
The 0.0591 EMA(200) is now the support floor โ hold that and I think this goes much higher.
Trade Plan:
๐ฅ Entry Zone: 0.0560 โ 0.0595
โ ๐ฏ Target 1: 0.0735
โ ๐ฏ Target 2: 0.0900
๐ Stop Loss: 0.0420
DYOR | NFA
#STO #DeFi #CryptoTrading
I've seen RSI move fast today. But $STO just went from oversold to 80 in a handful of candles.
That doesn't happen without serious money moving in. 68M volume against an 832K average โ 82 times normal.
Price broke above every single EMA including the 200. MACD zero-line cross just fired. DeFi is still rotating.
The 0.0591 EMA(200) is now the support floor โ hold that and I think this goes much higher.
Trade Plan:
๐ฅ Entry Zone: 0.0560 โ 0.0595
โ ๐ฏ Target 1: 0.0735
โ ๐ฏ Target 2: 0.0900
๐ Stop Loss: 0.0420
DYOR | NFA
#STO #DeFi #CryptoTrading

