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STO rejecting hard from key resistance level.
$STO Short
Trade Plan
Entry $0.14500 – $0.14800
Stop Loss $0.15800
Take Profit 1 $0.13000
Take Profit 2 $0.11800
Take Profit 3 $0.10600
- Breakout attempt failed at $0.155 — false breakout trapping longs above current price
- Rejection candle with high volume confirms institutional selling at this level
- Failed breakouts historically give back 100% of the breakout move — significant risk below
Buy and Trade $STO #GateSquareAprilPostingChallenge