The post Can STABLE target $0.034 after a strong bounce from KEY support? appeared on BitcoinEthereumNews.com.

Stable [STABLE] price action is showing renewed strength after a successful reversal from key trend line support near $0.025. The reaction from this level appears to be firm and timely, as the token’s price action did not hesitate upon hitting the zone. Buyers just stepped in quickly and pushed token prices higher. This kind of move often marks the early phase of a continuation, especially when it follows a controlled pullback rather than a sharp breakdown. Trendline support reinforces the market structure The bounce from $0.025 tells more than affirming the significance of the short-term support. Indeed, it reinforces the broader bullish structure that has been building over recent sessions. On the daily chart, the price action respected the trend line and reversed without violating key levels. That behavior matters. It indicates that the market is still trading within a structured trend rather than slipping into weakness. Buyers are defending positions, and the move higher reflects confidence rather than short covering. As long as the price holds above this support zone, the structure still leans to the bulls’ favour. Source: TradingView Liquidity at $0.034 Becomes the Immediate Magnet With momentum building, the market investors are shifting their attention to the liquidity cluster around $0.034. Over $500K worth of unmitigated liquidity sits in this price level. Borrowing from previous similar scenarios, the markets tend to move toward such zones as they represent areas of pending orders. The current price path suggests alignment toward that level. The move does not appear stretched yet, which increases the probability of a continuation push. Still, the reaction at $0.034 will be key. A clean sweep could open room for further expansion, while hesitation may trigger short-term consolidation. Source: Coinglass Stable’s funding rates suggest room for growth That’s not all; derivative data also sparks bullish signals.…

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Filed under: News - @ April 13, 2026 10:29 pm