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$STO performed remarkably today, with a surge of 35% accompanied by a massive trading volume of 346 million. From the holdings data, incremental funds are flowing in simultaneously. This is not a passive short squeeze, but a signal of mainstream funds actively positioning.
From a technical perspective, the combination of rising volume and price along with increasing holdings indicates strong buying interest. Market sentiment is gradually shifting from initial hesitation to a bullish pursuit. This structural characteristic suggests that new long positions are being established.
For trading suggestions, gradually build positions within the 0.1020-0.1060 range, with a strict stop-loss set at 0.0950. If the price can stabilize above the midpoint of the first large bullish candle, upward momentum is likely to continue. Focus on two target levels: 0.1250 and 0.1400.
A healthy correction after the first significant rise is often the best entry point. The key is to ensure the price does not fall below the midpoint of the high-volume K-line; otherwise, stop-loss should be executed as planned. In this market environment, following the trend is often the most prudent strategy.