$STO USDT
Clean recovery from $0.05635 into $0.06134, followed by a sharp rejection wick. That upper wick shows strong sell pressure near $0.061–$0.062, but price is still holding above $0.0595, which keeps short-term momentum intact.
Structure on 1H is shifting bullish after a rounded base. Higher lows are forming, and MACD momentum is expanding upward. The key level now is $0.0590–$0.0585. Holding above this zone keeps continuation probability high.
If bulls reclaim and close above $0.0613, breakout potential opens toward $0.0635 and possibly $0.066. That level is the true confirmation of trend continuation.
If $0.0585 breaks with volume, expect a pullback toward $0.0572 and possibly a full retest of $0.0563 base. Losing $0.056 would invalidate the bullish setup.
Resistance: $0.0613, $0.0635, $0.0660
Support: $0.0590, $0.0572, $0.0563
Short-term bias: Bullish while above $0.0585. Breakout confirmation only above $0.0613.
Trade Targets
TG1: $0.0613
TG2: $0.0635
TG3: $0.0660
