🐻 STABLE - LOW BREAK CONFIRMED
Last Price: $0,02555
Market Cap: $812,5M
Signal: New Local Low (30 periods)
📉 WHAT HAPPENED?
STABLE just made a new 30-period low - sell pressure taking control and the downtrend is still firmly in command.
When the price makes a new 30P low:
→ No buyers stepping in
→ Sellers pushing prices down to even lower lows
→ The path of least resistance remains DOWN
→ No bottom formed yet
📊 STABLE CONTEXT
Price: $0,02555
This is a breakdown, not a bounce. Until you see a higher low + bullish reversal candle, don’t try to catch the falling knife.
Market cap $812M but price falling nonstop = distribution phase
🎯 STRATEGY
It is NOT a buy zone yet.
1️⃣ FOR SELL (SHORT - following the trend):
Entry: $0,0255 - $0,0265 on the retest
Stop: $0,0280 (+9,7%)
Target 1: $0,0230 (-10%) | Closes 40%
Target 2: $0,0200 (-21,7%) - psychological support | Closes 30%
Target 3: $0,0180 (-29,5%) | Closes 30%
R/R: 1:2 to 1:3 easily in a downtrend
2️⃣ FOR BUY (LONG - wait):
Only consider a buy if:
- Daily close above $0,0280 with volume
- Forming an HL above $0,0255 + bullish MACD crossover
- Clear bottom with a double bottom or bullish engulfing on the 4H
Until then, stay out of spot buys.
⚠️ RISK MANAGEMENT:
- A 30-period low means weak hands are selling. Don’t be their exit liquidity.
- In a downtrend, pullbacks are selling opportunities, not buying opportunities.
- Wait for the $0,0200 psychological level for the first real support test.
Invalidation: Daily close above $0,0290 cancels the bearish setup and can trigger a squeeze up to $0,032
#STABLE #Bearish
#Quebra #Cripto #Trading #BinanceSquare