$STO on the 4-hour chart shows typical bullish features—well-aligned moving averages and a clear golden cross signal. From a technical perspective, the upward trend is quite decisive.
Where's the problem? Trading volume has noticeably shrunk. Although the price is rising, trading activity is declining, which is a dangerous signal. VWAP (Volume Weighted Average Price) is still above the current price, indicating poor volume-price coordination and a lack of genuine capital support.
The previous high of 0.11399 has become the key test. If this level cannot be broken, the rebound is likely to stop here, with even a risk of a pullback. If the breakout succeeds, there is a possibility of continued strength later.
Looking at the overall market environment, there are no particularly strong catalysts right now. Sentiment is neutral, and news is fluctuating between bullish and bearish, so its impact on the market is limited. Therefore, the current trend mainly depends on technical analysis.
To summarize: the technical outlook is fine, but lack of momentum is a hidden risk. Don't rush to chase the high; the key is whether 0.11399 can be broken. The performance of this resistance level will directly determine whether the price continues upward or pulls back.
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ColdWalletGuardian
· 2h ago
With such poor volume, do you still dare to chase? Wait and see at 0.11399; if it can't break through, it's just an overvaluation.
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YieldFarmRefugee
· 5h ago
Trading volume is the key; just looking at moving averages is useless. This wave is just a fake rally. Let's see if it can break 0.11399.
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BearMarketSurvivor
· 5h ago
The shrinking trading volume is indeed a bit concerning. Having beautiful candlesticks alone doesn't mean much; you need money to come in to make a difference.
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CompoundPersonality
· 5h ago
The pattern of price and volume mismatch has been seen too many times; in the end, it's all a scam to harvest retail investors.
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AirdropSweaterFan
· 6h ago
I'm most annoyed by divergence between price and volume. Looking at beautiful candlesticks is useless if no one is willing to buy; it's just bluffing.
$STO on the 4-hour chart shows typical bullish features—well-aligned moving averages and a clear golden cross signal. From a technical perspective, the upward trend is quite decisive.
Where's the problem? Trading volume has noticeably shrunk. Although the price is rising, trading activity is declining, which is a dangerous signal. VWAP (Volume Weighted Average Price) is still above the current price, indicating poor volume-price coordination and a lack of genuine capital support.
The previous high of 0.11399 has become the key test. If this level cannot be broken, the rebound is likely to stop here, with even a risk of a pullback. If the breakout succeeds, there is a possibility of continued strength later.
Looking at the overall market environment, there are no particularly strong catalysts right now. Sentiment is neutral, and news is fluctuating between bullish and bearish, so its impact on the market is limited. Therefore, the current trend mainly depends on technical analysis.
To summarize: the technical outlook is fine, but lack of momentum is a hidden risk. Don't rush to chase the high; the key is whether 0.11399 can be broken. The performance of this resistance level will directly determine whether the price continues upward or pulls back.