Stable surges 20% – Can price hit the $0.0325 liquidity zone?
The post Stable surges 20% – Can price hit the $0.0325 liquidity zone? appeared on BitcoinEthereumNews.com.
Stable’s [STABLE] price action has defied all odds by recording a significant daily gain despite the broader crypto shakeout. The token’s prices have surged explosively by 20% over the past 24 hours, pushing the token decisively above its 20-day exponential moving average (EMA) on the daily chart. This breakout marks a short-term trend shift, with buyers reclaiming control after a period of consolidation. Holding above the EMA could act as a confirmation signal for the token’s momentum continuation, especially given the underlying liquidity cluster above the current trading price. Will the support hold for further momentum continuation? Let’s find out. Source: TradingView Institutional participation strengthens the move Meanwhile, derivatives data added more weight to the bullish run. Stable’s institutional demand is also on the surge as the token’s Open Interest increased sharply alongside the recent bullish price action. STABLE’s Open Interest was standing at 32 million as of the time of writing. This suggested the move was not driven purely by spot speculation. Instead, larger traders appeared to be positioning as they project a prolonged rally, reinforcing the bullish structure. Source: Coinalyze Liquidity cluster highlights next upside target More importantly, liquidation heatmap data from CoinGlass revealed a substantial cluster around the $0.0325 resistance level. A liquidation cluster worth $320K remains unmitigated at the price level. Historically, such zones often act as price magnets during strong momentum phases. With STABLE currently trailing above its key EMA support, the token price action momentum appears to be skewed in favor of the bulls, and a rally to the key zone at around $0.0325 seems unavoidable. A continuation rally toward this unmitigated liquidity cluster remains likely if buyers maintain their current buying pressure. Source: CoinGlass What’s next for STABLE? STABLE’s price action and positive on-chain metrics point to a continuation of the bullish run…
Filed under: News - @ February 3, 2026 12:19 am