STABLE prints two green candles and a whole lot of confidence, eyeing the $0.04 door 🚪

Stable [STABLE] closed at higher highs for two consecutive sessions, holding the $0.033 floor before printing a weekly peak of $0.037. The token traded at $0.036 at the time of writing, up 9.2% over 24 hours, while daily volume climbed 22% to $17 million, according to market data.

Momentum indicators reinforced the move. The Relative Strength Index formed a bullish crossover and reached 54, a level associated with buyer control. On the ADX DI, the +DI rose to 17 and crossed above the -DI at 16, a configuration that points to a strengthening trend.

Derivatives activity tracked the spot rebound. Coinglass figures showed Open Interest up 8.3% to $29.3 million and Derivatives Volume up 40% to $16 million. STABLE's Perpetual Buy Volume rose to $24.7 million against Sell Volume of $23.7 million, with the Long/Short Ratio on the asset climbing to 1.02 and exceeding 2 on Binance, levels that indicate a heavy lean toward long positioning. Elevated long bias can amplify short-term upside while increasing liquidation exposure if momentum reverses, and a fade from current levels would put the $0.030 support zone back in focus.