After a rapid 54% surge in a single day, the STO is currently consolidating at high levels. From a technical perspective, this high-level adjustment is not a top signal but a healthy retracement following a massive breakout.



In terms of price pattern, the coin price has gradually narrowed during its ascent, forming a tight flag pattern, with no signs of panic selling. More importantly, the trading volume has remained high throughout, indicating that large funds are continuously participating rather than being suppressed by bears. Small-scale pullbacks are quickly absorbed, and buying support is quite solid.

**Trading Strategy**:
- Long position
- Entry zone: 0.1150-0.1190
- Stop-loss: 0.1080 (rigid level)
- Target 1: 0.1350
- Target 2: 0.1500

The key point is that as long as the price does not break below the upper boundary of the previous breakout zone, the probability of continued upward momentum remains quite high. At this stage, the risk-reward ratio for long positions is still quite favorable.
STO18,98%
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
  • 6
  • Repost
  • Share
Comment
0/400
NotSatoshivip
· 10h ago
54% surge after a wave, still dare to chase, your courage is really impressive --- Flag pattern consolidation sounds good, but I’m still a bit hesitant at this high level --- Large funds not fleeing indicates there’s still hope, just depends on whether it can hold this position --- The target of 1350 is indeed tempting, but I’m worried it might drop straight down during a pullback --- Quick support during a small pullback? It looks like a test of the market to me, not very reassuring --- The profit from this long position is indeed good, but the risk isn’t small either --- Tight flag pattern? Wake up, brother, that’s a dangerous signal at high levels --- Is the 0.1080 stop-loss line really rigid? I don’t believe it can fully block the drop --- High open interest maintenance sounds like the big players are locking in positions, how are small traders supposed to play? --- A 54% increase in one day, whether it’s a shakeout or a rally, I can’t quite tell
View OriginalReply0
DecentralizedEldervip
· 10h ago
54% directly take off, I really didn't get on this wave... entering the market now feels a bit risky
View OriginalReply0
LiquidityWizardvip
· 10h ago
54% directly take off, this wave is indeed not that simple, big players are still holding on tightly.
View OriginalReply0
WenAirdropvip
· 10h ago
The idea of a flag pattern is just for listening; I'll wait until a breakout occurs before commenting further.
View OriginalReply0
OnchainGossipervip
· 10h ago
Large funds haven't withdrawn, and the position volume is still high. This indicates strong confidence.
View OriginalReply0
CoffeeNFTsvip
· 10h ago
54% in one day so strong, do you still dare to chase now? It looks a bit risky to me. --- Flag pattern consolidation with solid buying pressure—I've heard this explanation too many times, but what’s the result? --- Is there continuous participation from big funds? Then why is my stop-loss always swept at 0.1080? --- Target set at 0.1350-0.1500 so smoothly, is there such obedient market? --- It just keeps rising as long as it doesn't break down, isn't that obvious? The key is whether it will break down or not. --- Consolidation at high levels sounds comfortable, but actually it’s just fooling beginners into buying in. --- High open interest? I’d like to see when the big funds quietly run away. --- Healthy correction? I feel like it’s just repeatedly cutting the leeks.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)