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Trading Diary: "@stbl_official" adds to position $STBL
Altcoins are broadly falling, but $STBL 0.04U at this level (down 93% from the high of 0.61U) is a severe oversold condition.
And I noticed a detail: the staking APY has started to decrease.
This indicates that while the price of the coin is falling, the TVL involved in staking is increasing. Smart funds are accumulating and locking in at the bottom, rather than cutting losses.
$STBL is experiencing a typical "shakeout" phase. After the fundamentals are realized in Q1 next year, I feel there is still room for a rally.
Believe in the power of conviction!!!
Know and act in harmony, already bought and staked. Waiting quietly for the bloom. 🌸
@KaitoAI #KaitoAI #STBL #RWA