From 0.0270 all the way down to 0.0239, then holding steady at 0.0237—this needle took 30% of the space in a single day. The $STABLE low didn’t break, and the bulls are dead-locked at this line.
The sell-off pressure smashed through with 15.78M in volume and nearly 4M in turnover, but 0.0237 held for two rounds without breaking—showing the bears didn’t really go into a full kill mode; it was more like a smash-and-run. For a pullback, as long as price holds above 0.0237, the rebound will first target 0.0254. If it can break through, then you can look toward 0.0262. Set a stop-loss below 0.0230—if this base breaks, it won’t just be range trading anymore.
Now volume is shrinking and price is stable; both bulls and bears are waiting for the pattern to fully complete before choosing a direction.
#STABLE
The sell-off pressure smashed through with 15.78M in volume and nearly 4M in turnover, but 0.0237 held for two rounds without breaking—showing the bears didn’t really go into a full kill mode; it was more like a smash-and-run. For a pullback, as long as price holds above 0.0237, the rebound will first target 0.0254. If it can break through, then you can look toward 0.0262. Set a stop-loss below 0.0230—if this base breaks, it won’t just be range trading anymore.
Now volume is shrinking and price is stable; both bulls and bears are waiting for the pattern to fully complete before choosing a direction.
#STABLE