$STABLE USDT (1h) - Head & Shoulders Breakdown & Bearish Expansion


Bias: Short
Entry (Zone): 0.03620 – 0.03680
Targets:
TP1: 0.03540
TP2: 0.03480
TP3: 0.03452
Stop Loss: 0.03740
Why this Setup:
I’m leaning short because the asset has completed a clean distribution pattern on the 1-hour chart, structurally resembling a classic Head & Shoulders formation. After topping out at a local peak of 0.03843, the market carved out a lower high around 0.03790 before collapsing through its local neckline support. The most recent hourly candles show strong downward expansion with zero immediate buying response, driving the price down to 0.03593. Given that the local market structure has decisively shifted from bullish to bearish, I expect any minor relief bounces to encounter heavy overhead resistance, paving the way for a deeper decline to retest the absolute range lows at 0.03452.

#GateSquareMayTradingShare
STABLE-2.46%
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