$STO USDT Bearish Rejection – Short-Term Pullback Expected

$STOUSDT is showing signs of rejection near the 0.0620–0.0640 resistance zone, with price currently trading at 0.0593 after failing to sustain above intraday highs. The recent upside move appears exhausted, and momentum is cooling off on lower timeframes (15m–1h), suggesting a potential short-term correction.

Price is struggling to hold above 0.0596, which now acts as minor resistance. A breakdown below 0.0580 could accelerate bearish pressure toward lower support levels.

🔻 Trade Setup (Short Position)

Entry Range: 0.0590 – 0.0600

Target 1: 0.0580

Target 2: 0.0557

Target 3: 0.0540

Stop Loss (SL): 0.0625

📌 Key Levels

Major Resistance: 0.0620 – 0.0640

Intraday Resistance: 0.0596

Immediate Support: 0.0580

Strong Support Zone: 0.0557 – 0.0540

📉 Short Outlook

As long as price remains below 0.0620, the bias stays bearish for a move toward the 0.0550 zone. A clean breakdown below 0.0580 will confirm momentum continuation. However, reclaiming 0.0625 would invalidate the short setup and shift momentum back to buyers.

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