$STABLE is showing a clean structural rejection from the 0.030–0.031 resistance zone. That area acted as supply, and since the rejection, price has been printing consistent lower highs. Every bounce is weaker than the last. This tells me sellers are in control and buyers are failing to reclaim momentum.
The recent drift toward 0.0277 confirms it. Demand isn’t stepping in aggressively. Relief bounces lack volume and conviction. If 0.029 is not reclaimed with strength, continuation to the downside becomes the higher probability move.
I’m looking at this as a structured short, not an emotional one. The trend is down, structure is bearish, and liquidity sits below current price.
SHORT #STABLE 👇
Trade Plan:
Entry Zone
0.0285 – 0.0295
Stop Loss
0.0312
Target Points
TP1: 0.0265
TP2: 0.0248
Why this setup works:
• Clear rejection from major resistance (0.030–0.031)
• Series of lower highs confirms bearish market structure
• Weak pullbacks show lack of strong buyers
• Liquidity pool rests below 0.027, creating a magnet for price
Risk is defined above structure. Reward expands as breakdown accelerates. If momentum increases, this can extend aggressively, offering strong percentage returns depending on leverage and position sizing.
As long as 0.029 stays capped, sellers have the edge. I’m following structure, not hope.