$STABLE USDT Perp Update
· Market Overview: Ironic name, down -11.26% to 0.009710. Low value (Rs2.71M) = low liquidity. This is a meme-tier coin.
· Key Levels:
· Resistance: $0.01000 (major psychological magnet).
· Support: $0.009500, then $0.009000.
· The Next Move: Dragged down with the market. Any move will be exaggerated due to low liquidity.
· Trade Plan:
· Simplest Play: Watch the $0.0100 level.
· Rejection there = short opportunity.
· A strong, high-volume break above could trigger a short squeeze towards $0.0105.
· Targets: Short: TG1: $0.0096, TG2: $0.0090.
· Short/Mid-Term Insight: Entirely sentiment-driven. No fundamental anchor. Trade the technicals and watch overall market meme-coin sentiment.
· Pro Tip: For illiquid coins, consider trading in spot to avoid funding rate complications and liquidation risks inherent in perpetual swaps.
