$STBL is in a consolidation phase right now, with a clear near-term target: breaking past the 20-day moving average within the next few weeks.
The chart shows a higher low pattern forming, though price action suggests this support might get retested. A dip toward the lows again wouldn't be surprising at this stage.
That said, the bigger picture remains bullish. The setup hints at potential upside momentum once we clear that moving average hurdle. Worth monitoring the next few candles closely.
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gaslight_gasfeez
· 12-15 13:00
Wait, again with consolidation? Why does this coin like to keep messing around? When will it break out?
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Seregaspb
· 12-14 10:20
What consolidations? It's just a shit coin.
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FundingMartyr
· 12-13 01:01
Wait, is whether the 20-day moving average breaks really that important? Looking at the candlesticks, I feel like it might test a lower point again.
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GateUser-10e5bab1
· 12-12 17:02
Believing in these untrustworthy coins is just foolish. A stablecoin with no credibility that keeps falling is truly laughable.
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LayerZeroEnjoyer
· 12-12 13:48
Wait a minute, is this high and low point pattern real or just another trap to lure more buyers? I've been caught too many times.
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LiquidityWizard
· 12-12 13:47
ngl the 20-day ma breakout is statistically significant but like... have you *actually* run the correlation on false breakouts here? historical data says we're looking at ~40% retrace probability, theoretically speaking
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ReverseTradingGuru
· 12-12 13:40
This breakout depends on whether it can stay above the 20-day moving average; otherwise, it will be a false alarm again.
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HashBard
· 12-12 13:35
ah the classic "higher low into 20ma breakout" narrative... seen this movie before, usually ends with a wick that haunts u for weeks lol. consolidation's just market's way of deciding who stays & who panic sells, no? 🍿
$STBL is in a consolidation phase right now, with a clear near-term target: breaking past the 20-day moving average within the next few weeks.
The chart shows a higher low pattern forming, though price action suggests this support might get retested. A dip toward the lows again wouldn't be surprising at this stage.
That said, the bigger picture remains bullish. The setup hints at potential upside momentum once we clear that moving average hurdle. Worth monitoring the next few candles closely.