$STBL (4-HOUR): bullish BAT REVERSAL pattern TEXT-BOOK so far

STBL revisited, first look since my SPOT BUY ($0.235) one day before the market doomsday. Another bullish BAT detected at the potential bottom, just like the one in $ASTER.

Obviously, not a lucky entry, but I had it planned to make one or two more spot buys. And I'm seeing a set-up here.

Basically, the BAT is getting a superb volume confirmation, three huge green bars and growing in size. RSI with great momentum, even overheating a bit rn, OBV with another HIDDEN BULLISH divergence.

All I really need here is a breakout above 50 MA ($0.115 and flattening) and above a falling TRENDLINE (which is a BEARISH PENNANT'S upper boundary as well, think pattern invalidation).

Elliot Wave count wise, WAVE 4 targets are still an option short-term: $0.178 and $0.21.

BUY ZONE: 4-hr candle closes above $0.118-0.12.

TAKE PROFIT: 50% cash in at $0.21, let the rest run.

STOP LOSS: 3-4% below the bearish pennant's breakdown point (7.5c/7.6c).

Fundamentally, this is interesting, $50M+ marketcap, serious backers, no unlocks in Q4 to enter circulation (if the founders keep their word), long-term vision, a potential household name in the stablecoin sector...

Not sure if I even need a STOP LOSS, I might buy and employ the tokens in the ECOSYSTEM for yield. Anyone with good experience in such things as yield-farming in stables?

👽💙