$STBL Current price 0.059-0.061, short position entry!!

The fundamentals of this project have deteriorated. It has dropped 80% from its peak within a month of launch. The core issue is that the team is accused of insider selling, with several large addresses cashing out over ten million dollars, leading to a collapse of community trust. It is still an algorithmic stablecoin, and the model itself is unstable. Remember how UST and Fei went to zero in the past? The team claims they will issue 100 million more tokens by the end of the month, which will only increase selling pressure.

Don’t be fooled by its appearance of making a higher low now, but the daily 20 moving average above is a solid resistance. A coin with weak liquidity and trust issues presents a rebound as an opportunity for you to short.

First target: 0.055, second target: 0.05

Set your stop loss properly! #STBL #美联储重启降息步伐