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Something feels off about this $STABLE chart, and I’m watching it closely.
The price action just put in a lower high after that massive rejection at 0.038. Usually, that’s a sign that the bulls are running out of steam, but look at the recent candles. We’re sitting right on a local support level around 0.027 and it’s actually holding for now.
Volume is starting to dry up as we consolidate here. To me, this looks like it’s deciding its next major move. If we can’t break back above 0.030 soon, we might see a slow bleed back down to the 0.024 area.
I’m not jumping in yet. I want to see if this 1D candle closes green to confirm a potential double bottom on this micro-scale or if it's just a bear flag forming.
Patience is the play today.
#CLARITYActAdvances