$STABLE
STABLEUSDT
Безсрочно
0.02987
+1.29%
– Rejection at Descending Trendline
$STABLE is facing rejection at the primary descending trendline following a short-term relief rally. Price action is signaling continuation within the broader bearish structure.
Position: Short 🩸
Entry: 0.0296 – 0.0304
Stop Loss: 0.0320
Take Profit 1: 0.0274
Take Profit 2: 0.0247
The chart confirms a lower high formed at diagonal resistance, reinforcing downside bias. The recent bullish impulse was unable to break the overarching bearish structure, indicating limited strength from buyers.
Rising sell-side pressure now points toward untapped liquidity resting near the lower order block, making downside continuation the primary scenario unless structure shifts.
Trade $STABLE wisely.