$STABLE | Bullish Structure & High-Impact Conversion 🚀
$STABLE is showing strong upward momentum on the 1h chart, currently trading at 0.024137 (+3.77%). The technical structure is robust, with the price recently bouncing off the Supertrend support at 0.023163 and pushing back toward the 24h high of 0.024583. This move is backed by a significant 24h volume of 495.03M STABLE, indicating high market interest.
Execution Zone (Long): 0.02380 – 0.02420
Target I: 0.02458 (24h High)
Target II: 0.02550
Target III: 0.02700+ (Post-Conversion Discovery)
Invalidation: 0.02290 🛑
The fundamental catalyst is massive: Binance Futures is officially converting the USDⓈ-Margined STABLEUSDT pre-market contracts to Standard Perpetual Contracts. This transition typically brings a surge in liquidity and institutional volume as the asset moves out of its restricted pre-market phase. As long as the RSI remains healthy (currently 64.4) and the price holds above the 0.02316 Supertrend, the bias is strictly bullish.
#STABLE #BinanceFutures #CryptoTrading #Bullish #Layer1 $FHE
