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The recent movement over the past couple of days is quite interesting—on the 4-hour chart, the moving averages have already formed a bullish alignment, and a golden cross has also appeared. From a technical perspective, this is indeed a bullish signal. The trend direction is very clear, and the bullish atmosphere is building.
Where's the problem? Volume. This thing has shrunk to a disastrous level, and the price is still oscillating below the VWAP, with a serious disconnect between volume and price. A rise without volume support is like a house of cards—blown down at the slightest breeze. This is the real area to be cautious about.
Currently, the critical level for $STO is the previous high at 0.11399. Whether this level can be broken determines the subsequent movement. A breakout could lead to a continued surge, while failure to break might result in a reversal.
From a news perspective, the market is currently neutral—there's both bullish and bearish information, but neither is strong enough to significantly impact the trend. The main driving forces still rely on technical and capital factors.
To sum up: technical signals look good, but the volume, this life-supporting medicine, hasn't kept up. In the short term, keep an eye on the key level at 0.11399. Only a volume-supported breakout can confirm the trend; otherwise, the risk of a pullback always exists.