$ST

Immediately fell back after going live: ST dropped from 0.111 to 0.058, a nearly 48% decline, typical of a "rise and then immediate harvest" pattern.
Unlock selling pressure (May 15): The first batch of unlocks you mentioned means early investors and institutions can sell off in large quantities, likely causing the price to plummet further or even drop to zero.
Low circulating supply = very easy to manipulate: With a circulating supply of 56 million, project teams or large holders can freely manipulate the market, making ordinary investors very susceptible to being "weeded out."
Lack of real value support: The so-called "data infrastructure" is mostly a packaging concept, with no actual profitability, and the risk of dropping to zero is extremely high.
New tokens generally experience a cycle of "rising → crashing → declining → dropping to zero" after launch; ST is currently in the declining phase after a crash, far from the so-called "bottom."
The so-called "support level" is meaningless in the virtual currency market; capital pools can easily break through any support, and bottom-fishing = taking on the risk.
(Stay alert)
Your judgment that "it won't drop to zero and will rally again" is purely subjective speculation with no reliable basis.
The unlock on May 15 is the biggest negative factor; the price is likely to drop sharply, possibly below 0.01.