【
$STBL Signal】Short | Short Squeeze Failure + Main Force Distribution
After a 17% surge in a single day,
$STBL the price showed high-level stagnation on the 4H chart, with RSI seriously overbought (71.24) and signs of bearish divergence appearing.
🎯Direction: Short
🎯Entry: 0.0452 - 0.0455
🛑Stop Loss: 0.0467 (Rigid stop loss, invalidated if breaking previous high)
🚀Target 1: 0.0420 (Previous support turned resistance)
🚀Target 2: 0.0395 (EMA20 & Fibonacci 0.618 retracement level)
Market Analysis: The price has moved far away from EMA20(0.0410), with upward momentum mainly driven by a short