Dahui Evening Analysis: $STO
Current Price: 0.1608 USDT, 24h Increase 43.96%, Today's Increase 41.67%, 7-Day Increase 53.29%, 30-Day Increase 166.23%
Key Levels: Support 0.1604 (MA7), Resistance 0.1664
Dahui's Trading Advice
Go Long (Preferred):
If it stabilizes in the range of 0.1605-0.1604 (MA7), you can take a small long position with a target of 0.1664 and a stop loss at 0.1580.
If it breaks through 0.1664 with increased volume, you can chase the long position with a target of 0.1750 and a stop loss at 0.1650.
Go Short:
Only take a small short position near 0.1664 when it faces pressure and drops with increased volume, targeting 0.1600 and a stop loss at 0.1680
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