$STABLE saw short-side activity increase as price reached the $0.02123 level. Market reaction around this zone was quick, suggesting liquidity was positioned here and short traders came under pressure. The move showed a brief shift in short-term control toward buyers.
Approximately $2.4278K in short positions were liquidated at this level. Such events often raise short-term volatility and can create sharper price swings as order flow becomes temporarily one-sided.
Price is now stabilizing around the zone as the market absorbs the move. Further direction will likely depend on follow-through volume and overall market conditions. Volatility remains elevated.
STABLEUSDT
Perp
0.023005
-0.06%