$STBL is forming an Ascending Channel 🩷

It launched at around $0.15, price exploded to its $0.61 ATH in just 8 days. 🔥

But the reversal came quickly.

Within the next 16 days, price crashed back toward the $0.055 zone.

From there, the broader downtrend eventually took $STBL to around $0.0198 ATL — roughly 97% below its ATH.

Now, after that brutal correction, price is slowly building higher lows inside an Ascending Channel.

🔺 Upper trendline: $0.0285–$0.0290
🔻 Lower trendline: $0.0235–$0.0240

• Bullish scenario

A clean breakout above $0.0285–$0.0290 could trigger the next expansion.

I'd still wait for confirmation around $0.030–$0.034 rather than chasing the first breakout candle.

If confirmed: $0.035 -> $0.043 -> $0.050

🔻 Bearish scenario

If the lower channel breaks, watch $0.0228–$0.0225 for confirmation.

Losing that zone could send $STBL back toward the $0.0198 ATL, with a new ATL possible if selling accelerates.

📊 RSI + MACD

RSI is hovering around the 50 zone, showing relatively neutral momentum.

A move above 50–60 would strengthen the bullish case, especially if RSI pushes higher alongside a confirmed breakout.

MACD is close to the zero line, with momentum currently cooling.

So the strongest confirmation would be:

Price breakout + RSI strength + MACD bullish crossover = stronger continuation setup.

Don't predict the breakout — wait for the trendline to break and confirm.

#BreakOuts