$STABLE is going through a healthy correction after the recent upward move, allowing the market to consolidate and remove weaker positions. Pullbacks like this help build a stronger base for the next potential rally.
Trade Setup:
Entry Zone: $0.0161 – $0.0163
Target 1: $0.0166
Target 2: $0.017
Stop Loss: $0.0159
I’m watching this zone closely because it aligns with previous support around $0.01622 and matches the 0.5 Fibonacci retracement of the recent swing. They’re building strength here, and if this level holds, STABLE could bounce back toward the targets.
$1.6985K worth of shorts were liquidated at $0.01622, signaling strong buying pressure and reinforcing this key area.
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STABLEUSDT
Perp
0.01993
-6.60%
