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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