The short-term trend of STBL is indeed quite interesting. The 15-minute and 1-hour levels have already shown obvious overbought signals—RSI has reached 70.2 and 78.1 respectively, indicating a short-term pullback risk. But the key here is that the 4-hour RSI is still at 68.2, and the structure remains bullish. The MACD histogram is also still positive, so the overall strength has not been broken.
However, it’s important to note that the trading volume is shrinking, which can be a bit annoying. Insufficient volume often signals a loss of trend momentum.
From a price perspective, 0.0400 is a psychological level. Resistance above is at 0.0410 and 0.0425, while support below is at 0.0390 and 0.0375. How to operate? My idea is:
If the price can break through 0.0410, then go long with the target at 0.0425, and place the stop-loss at 0.0395. But if it directly falls below 0.0390, I will choose to wait and see, and consider only when there are signs of stabilization around 0.0375. As for the oscillation within the 0.0390-0.0410 range, I won’t participate; there’s no need to make reckless moves.
Currently, I prefer to stay on the sidelines, not chasing highs. Wait for either a valid upward breakout or a strong downward stabilization. If the level is broken, give up and don’t get entangled.
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BearMarketSunriser
· 13h ago
The shrinking of volume is indeed troublesome, and it's often not a good sign. Let's wait and see.
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WhaleInTraining
· 13h ago
The shrinking market is really frustrating; it's the easiest time to get trapped.
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RektButSmiling
· 13h ago
A shrinking volume is troublesome; this wave might be a prelude to a false breakout.
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DaoTherapy
· 13h ago
The issue of shrinking volume is indeed annoying; it's often the main players digging a trap.
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MissedTheBoat
· 13h ago
The shrinking volume is indeed a warning. I don't dare to chase after short-term overbought conditions either. It's better to wait for a breakout or stabilization.
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FastLeaver
· 13h ago
The shrinking of trading volume is really annoying; I hate the artificially inflated market the most.
The short-term trend of STBL is indeed quite interesting. The 15-minute and 1-hour levels have already shown obvious overbought signals—RSI has reached 70.2 and 78.1 respectively, indicating a short-term pullback risk. But the key here is that the 4-hour RSI is still at 68.2, and the structure remains bullish. The MACD histogram is also still positive, so the overall strength has not been broken.
However, it’s important to note that the trading volume is shrinking, which can be a bit annoying. Insufficient volume often signals a loss of trend momentum.
From a price perspective, 0.0400 is a psychological level. Resistance above is at 0.0410 and 0.0425, while support below is at 0.0390 and 0.0375. How to operate? My idea is:
If the price can break through 0.0410, then go long with the target at 0.0425, and place the stop-loss at 0.0395. But if it directly falls below 0.0390, I will choose to wait and see, and consider only when there are signs of stabilization around 0.0375. As for the oscillation within the 0.0390-0.0410 range, I won’t participate; there’s no need to make reckless moves.
Currently, I prefer to stay on the sidelines, not chasing highs. Wait for either a valid upward breakout or a strong downward stabilization. If the level is broken, give up and don’t get entangled.