$STBL is showing momentum exhaustion after a failed continuation attempt triggered aggressive downside expansion through key moving-average support.
Position: SHORT below 0.0342–0.0345 on weak relief bounce rejection.
Protective stop: 0.0361.
Take profit levels: 0.0330 / 0.0318 / 0.0305 / 0.0289.
Momentum shifted sharply bearish after price lost both EMA7 and EMA25, with sell pressure accelerating immediately after the failed reclaim near 0.0400.
Conviction on the downside is strengthening as every bounce attempt continues printing lower highs with weak buyer response.
The current pullback behavior remains dangerous for longs because no meaningful absorption or reclaim structure has formed yet.
Market structure has fully rotated bearish with lower highs and lower lows now dominating the 4H sequence.
The rejection from the 0.0438 local top marked a structural exhaustion point and triggered directional imbalance toward sustained downside continuation.
The setup becomes invalid if price reclaims 0.0361 and holds back above the EMA25 with expanding bullish momentum.
⇢ Trade $STBL 👇
