$STO Signal】Pullback confirmed, bulls make a second push


$STO 1H timeframe pullback to EMA20 support is effective, price is consolidating around 0.238. The 4-hour Bollinger Bands are widening significantly, price has broken above the upper band, MACD double lines are strongly diverging above the zero line, indicating abundant momentum. The 1-hour RSI has fallen from overbought territory back to around 70 for healthy correction, with buy orders clearly accumulating below 0.238, quickly absorbing selling pressure.

🎯Direction: Long

⚡Entry/Order: Layered entries in the 0.189 - 0.194 range

🛑Stop Loss: 0.1679

🚀Target 1: 0.298

🚀Target 2: 0.350

🛡️Trade Management:
- Execution strategy: Reduce half of the position after reaching 0.298, move the remaining stop loss to the entry price. If the price cannot hold above 0.240 and falls back, consider exiting early.

Position size remains stable, funds have not exited. Negative funding rate indicates shorts are still paying costs, with potential for short squeeze. Order book shows dense buy orders between 0.238 and 0.237, forming a short-term defense line. 4-hour volume has significantly increased with price rise, indicating an effective breakout. Current risk-reward ratio exceeds 1:4, sufficiently covering Hot Coin’s volatility risk.

View real-time market 👇 $STO
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