$STO
Strong rally → immediate rejection
That spike ran straight into heavy supply
Clear reaction from the resistance zone
Large sellers stepped in and didn’t hesitate
Since then - weak structure
Lower highs forming, momentum fading, price drifting under the key area
No reclaim of resistance = pressure stays on the downside
If this range keeps acting as a ceiling, path opens lower:
liquidity sits below, and price tends to move where it’s least defended
Right now it looks like distribution after the spike, not continuation
