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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.