Bullish Structure Holds as STABLE Maintains Higher Lows

[ed]

STABLE daily RSI chart / Source: Tradingview

The broader trend for STABLE remains constructive, with the asset continuing to print higher lows since its December bottom. The latest support level around $0.0265 has held firm, reinforcing a bullish structure that traders often associate with accumulation phases.

Momentum indicators are also turning favorable. The RSI has broken above a multi-month downtrend, pushing into the mid-60s for the first time in over 10 weeks. This suggests strengthening buying pressure, with room for further upside before reaching overbought conditions.

Still, the structure depends heavily on holding key support. A breakdown below $0.0265 would invalidate the current trend and expose the token to deeper retracement levels.

[cryptohog]

me at $0.03: this is the breakout. me at $0.025 two days later: the thesis remains intact