STBL Skyrockets 30% After Founder Unveils Q4 Buyback Plan—But Watch for These Bearish Red Flags
STBL just ripped 30% higher overnight—the founder dropped a Q4 buyback bombshell that sent traders scrambling.
Buyback Frenzy Ignites Rally
The token's founder announced a major repurchase program set for Q4, triggering instant bullish momentum across exchanges. Markets reacted within minutes—proof that strategic treasury moves still move needles in crypto.
Technical Warnings Flash Red
Despite the double-digit surge, on-chain metrics hint at trouble. Whale wallets started dumping near local tops, and RSI levels scream overbought. Classic pump setup—or sustainable breakout?
Institutional Skepticism Looms
Traditional finance sharks are circling—another 'fundamental catalyst' that looks suspiciously like coordinated price manipulation. Because nothing says healthy market like a founder-timed buyback announcement.
Bottom line: STBL's Q4 play could cement its comeback—or become another cautionary tale in crypto's buyback theater.
Founder Confirms Q4 Buybacks in September
Sehra confirmed that buybacks are scheduled to begin in Q4, describing the initiative as a key step toward positioning STBL as a public utility for programmatic capital.
The founder outlined a vision for protocol-based treasury buybacks, where 100% of minting fees WOULD be directed toward token repurchases, thereby driving value accrual for STBL.
STBL Surges 30%, But Divergence Signals Caution
While the price continues to climb, STBL’s Chaikin Money FLOW (CMF)—a key indicator that tracks capital inflows and outflows—is currently below the zero line and trending downward.
: Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily crypto Newsletter here.
The CMF measures the amount of money flowing into or out of an asset over a given period, giving traders a sense of whether buying or selling pressure is dominant. A reading above zero indicates that inflows outweigh outflows. This suggests strong buying momentum, while a reading below zero signals that selling pressure is prevailing.
When the CMF trends downward while the asset’s price rises, it creates a bearish divergence, implying that strong buying activity may not fully support the rally.
For STBL, this bearish divergence suggests that although the token has seen double-digit gains, the underlying buying pressure is weakening. Trends like this often precede a potential price correction or a period of consolidation, hinting at a pullback in STBL’s value in the NEAR term.
In addition, the token’s negative Balance of Power (BoP) adds to this bearish outlook. As of this writing, the momentum indicator is at -0.32.
The BoP indicator measures the strength of buyers versus sellers in the market. Positive values indicate buyers are in control, pushing the price higher, while negative readings suggest that sellers dominate trading activity.
A negative BoP during a price rally is particularly noteworthy, as it signals that selling pressure is quietly building behind the scenes even as the token’s market value climbs.
STBL’s Rally on the Edge
These signals suggest that STBL’s current rally may be backed by speculative noise rather than actual demand for the token. Hence, the gains could be at risk.
If selloffs worsen, STBL could reverse its upward trend and fall to $0.36.
On the other hand, if buyers gain strength, they could potentially drive STBL’s price upward to reach $0.53.