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🔹 $STABLE / USDT — Stable Network (Layer 1)
Overview:
STABLE is a Layer-1 blockchain focused on scalability and ecosystem development. Despite its name, price action is highly volatile.
Price: ~$0.0251
Trend: Strong bearish (short-term)
Technical Analysis:
Support: $0.0248 – $0.0240
Resistance: $0.0262 – $0.0276
RSI: Deep oversold 🔥
MACD: Strong bearish momentum
EMA: Below 20/50 EMA
Pattern: Descending channel
Trade Plan:
Entry: $0.0245 – $0.0250
Targets: $0.0262 / $0.0276
Stop Loss: $0.0236
R:R: ~1:3
Outlook:
Short-term: Technical bounce possible
Long-term: Depends on L1 adoption
Sentiment: High-risk bounce zone
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$STABLE