$STABLE just printed a classic spike & reject move — and that’s usually where smart money fades the hype. Price pumped aggressively, tapped into premium supply, and sellers stepped in hard. This isn’t strength — this is distribution after liquidity grab.

Market Structure Read

Vertical spike = liquidity fuel

Rejection at highs = sellers defending

Weak follow-through = buyers exhausted

As long as price stays below the spike high, downside continuation is favored.

Trade Plan (SHORT)

Entry (EP):

0.0210 – 0.0219

Take Profits (TP):

TP1: 0.0202

TP2: 0.0194

TP3: 0.0185

Stop Loss (SL):

0.0226

Why this setup works

Fake breakout trapped late longs

Clear rejection wick from supply zone

Mean reversion toward pre-spike levels

R:R heavily favors shorts

This is a fade-the-spike play — patience at entry, discipline on SL, and let the chart do the rest.