hello everybody , 👋
alt season begins most of the coins breakout confirmed set to explode , 🚀🚀🚀
I think🤔 #STBL is going to be next myxusdt 😎
1. Analyzing STBL's Next Move Based on the Provided Chart
# Analyze Current Price Action and Trends
The STBL chart shows a significant upward movement, with the price increasing by +90.12% to $0.24879. The chart indicates that after an active growth phase, the price removed liquidity behind resistance levels and then began a downward movement, approaching the $0.169853 level before recovering. The current price is near the $0.248790 level, which appears to be a point of resistance or consolidation after the recent surge.
Identify Key Support and Resistance Levels
Based on the chart, the recent high was around $0.296830, and a lower resistance level was at $0.306121. A significant support level appears to be around $0.169853, and another lower support is at $0.101719. The current price of $0.24879 is situated between these levels, suggesting a potential area of consolidation or decision point.
Range-Bound Movement: The price might trade within a range between the identified support and resistance levels for a period before a clear breakout or breakdown occurs.
Answer:
The "next move" for STBL is likely to be either a consolidation or a potential continuation of the bullish trend, depending on whether it can sustain its position above the current price point of $0.24879 and break through nearby resistance levels, or if it undergoes a correction towards support levels like $0.169853. Traders should monitor volume and price action relative to key support and resistance levels to determine the most probable direction.
