STBL / TetherUS PERPETUAL CONTRACT
Short
Updated

STBLUSDT.P short setup from daily support at 0.31444

99
For the second day in a row, STBLUSDT.P is confirming the strength of the level with clean tests.
Below this level, there are no nearby obstacles that could complicate the asset's fall.
Therefore, it is worth waiting for your own entry point, while carefully monitoring the volatility, as always.

Key factors for this scenario
  • Price void / low liquidity zone beyond level
  • Volatility contraction on approach
  • Immediate retest
  • Prolonged consolidation
  • Repeated precise tests of the level
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Trade active
The asset continues to be in consolidation, which is a good sign—energy is accumulating for a potential breakout.
Usually, the longer and narrower the consolidation, the stronger and faster the resulting impulse is likely to be, indicating a short-term move.
Conversely, a long and wide consolidation often leads to a slower breakout and suggests a more medium-term nature for the trend.

Note
STBLUSDT.P also attempted to break the level.
The first time was on high volatility, which was not worth entering. The second time was on slightly lower volatility, and it was a good entry point, even though it resulted in a loss.
Now, the asset has bounced very sharply, which indicates that someone is defending this level, and that's a good sign.
We continue to watch the battle between buyers and sellers to determine the winner and then join them.
In my opinion, the sellers will win, but time will tell.
Trade closed: target reached
snapshot
A good breakout has occurred.
So far, the maximum risk/reward ratio reached was 9.7-to-1. Perhaps it will go higher.
But my minimum target of 5-to-1 has been secured.

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