StakeStone (STO) Forms Falling Wedge, Eyes 10.73% Breakout Toward $0.118
Technical Analysis of StakeStone (STO): The 4-hour chart shows a falling wedge pattern for STO, indicating a potential bullish breakout with a target price increase from $0.107 to $0.118, representing a 10.73% rise if the upper resistance is breached.
Market Activity and Outlook: Despite a slight 0.55% dip in the last 24 hours, STO maintains strong liquidity with an 81.37% volume-to-market cap ratio, suggesting active trading and investor interest, while a confirmed breakout could signal a trend reversal.
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Technical Analysis for STO
Technical Sentiment Analysis for StakeStone (STO). As of , StakeStone (STO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
StakeStone (STO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0256 | 0.0373 | 0.047 | 0.0587 | 0.0684 | 0.0801 | 0.0898 |
| Fibonacci | 0.0373 | 0.0455 | 0.0505 | 0.0587 | 0.0669 | 0.0719 | 0.0801 |
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