๐ฅSTABLE Technical Analysis: Accumulation & Expansion ๐
Trade Setup โก
Entry Zone: 0.0213 โ 0.0218
Stop Loss: 0.02035 (Below recent swing low)
Target 1: 0.02767
Target 2: 0.03130
Market Structure ๐๏ธ
The asset is currently transitioning from a bearish retracement into a bullish market structure shift (MSS). On the higher timeframes, weโve seen a successful test of the 0.0200 psychological support level, followed by a series of higher lows.
The structure is now characterized by:
Demand Validation: Strong buyers stepping in at the current range to prevent further breakdown.
Order Block Interaction: Price is reacting positively to a 4H bullish order block, indicating that big players are likely building positions.
Outlook ๐ญ
The current setup is a "dip-buying" opportunity within an emerging uptrend. While the broader market shows some volatility, $STABLE is showing relative strength. If the volume continues to trend upward alongside the price, we could see Target 1 hit within the next few trading sessions. Patience is keyโlet the market come to the levels. ๐
