🔒 STABLEUSDT perpetual contract – An asset linked to the stablecoin in a strong upward trend
Type: Perpetual futures | Platform: Binance Futures
📊 Current Statistics:
Last Price: $0.019861 (+9.99% today)
Mark Price: $0.019852
High/Low Price (24 Hours): $0.019921 / $0.017490
Trading Volume (USDT) in 24 Hours: 24.68 million
60 Moving Average: $0.019165 (support now)
📈 Technical Context:
Strong upward momentum (+9.99%) with the price trading well above the 60 moving average, confirming the strength of the breakout.
The volume is healthy and supports the upward movement.
The mark price is close to the last price, reducing the impact of the funding rate.
🎯 Trading Setup (Bullish Bias – Enter on a pullback to support):
Entry Zone: $0.019400 – $0.019700 (near the 60 moving average support)
Take Profit Targets (TP):
✅ First Target: $0.020200
✅ Second Target: $0.020600
✅ Third Target: $0.021000
Stop Loss (SL): $0.018900
$STABLE
⚠️ Risk Note:
Perpetual contracts carry leverage risks – carefully determine your position size.
Strong momentum may face profit-taking near recent highs.
Assets linked to stablecoins may also experience volatility.
Not financial advice.