STO recently formed a textbook 4-hour chart pattern—breakout, retest, confirmation.



A pullback after the surge is normal. But the key point is that the price has remained above the short-term moving averages, indicating this is a normal profit-taking rather than genuine selling pressure. Trading volume is also shrinking, and RSI has moved from overbought levels back to the neutral zone, all pointing to one signal: just digestion.

On the technical side, there are two key zones to watch. The support zone is between 0.10 and 0.105, which is both the previous breakout level and the EMA resonance point. Looking upward, resistance is in the range of 0.13 to 0.15, representing the first emotional high point of this rally.

As long as the support at 0.10 holds, the bullish structure remains intact. Only if it breaks down do we need to guard against a deeper retracement. The current question is—can it go straight up, or does it need to shake out again?

Let the candlesticks speak for themselves. $BTC $ETH $XRP
STO-24.14%
BTC0.06%
ETH0.92%
XRP-0.96%
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
  • 5
  • Repost
  • Share
Comment
0/400
GhostInTheChainvip
· 9h ago
Holding firmly above the moving average line, this is the key—either a dump or a shakeout. If 0.10 doesn't break, I remain bullish; if it breaks, we'll see.
View OriginalReply0
ApeEscapeArtistvip
· 9h ago
This wave is indeed textbook, let's see if we can hold onto 0.1.
View OriginalReply0
StealthDeployervip
· 9h ago
0.10 if you can't hold it, you'll break your defense. Don't cry then.
View OriginalReply0
TokenomicsTherapistvip
· 9h ago
This textbook-level shakeout is just waiting to see if 0.10 can hold. If it holds, then directly push to 0.13. If it doesn't hold... hmm, then let's go for another round.
View OriginalReply0
RuntimeErrorvip
· 9h ago
The rhythm of this STO is really comfortable; as long as we hold onto 0.10, there's still hope.
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)