$STO just broke key support with an -11.96% plunge after reports confirmed the UAE has begun canceling residency visas for Iranian nationals — a clear risk-off move tied to escalating geopolitical headlines.
Volume is confirming the breakdown while broader market sentiment turns cautious amid oil price swings and Trump-Iran noise.
On-chain data shows accelerating outflows and no immediate rebound signals. Short-term outlook: bearish continuation likely until geopolitical clarity returns or a strong bounce forms at lower support.
❓ $STO breakdown — are you shorting the weakness or hunting a dip?

STO
0.1419
-4.05%