【$STG Signal】Long Position - Short Squeeze Initiated, Deep Imbalance Support
$STG On the 4-hour chart, volume breakout of the previous consolidation zone, with a single candle surge of over 30%, currently in the acceleration phase of the short squeeze.
🎯Direction: Long
🎯Entry: 0.1880 - 0.1905
🛑Stop Loss: 0.1800 (Rigid stop loss, invalid if it breaks below previous high support and EMA20)
🚀Target 1: 0.2100
🚀Target 2: 0.2300
Hardcore logic: This is a classic short squeeze scenario. Core data resonance: 1) Funding rate at -0.5758%, extremely negative, indicating high cost for shorts; 2) Open interest remains stable, and the price increase is not due to main force covering longs but rather shorts being squeezed; 3) Depth imbalance at -20.59%, with buy-side thickness significantly exceeding sell-side, showing large funds are supporting the price below the current level.
Price action-wise, the volume surge long candle directly engulfs the previous high resistance at 0.1871 and turns it into support. RSI(74) remains high but is not a reason to short in a short squeeze scenario. EMA20(0.1552) has crossed above EMA50(0.1525) and serves as dynamic support. ATR(0.0117) indicates increased volatility, so stop loss should be set with enough room.
Key risk: If the price fails to hold above 0.1880 and quickly falls below EMA20, the short squeeze logic may fail, and strict stop loss is required.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$STG Signal】Long Position - Short Squeeze Initiated, Deep Imbalance Support
$STG On the 4-hour chart, volume breakout of the previous consolidation zone, with a single candle surge of over 30%, currently in the acceleration phase of the short squeeze.
🎯Direction: Long
🎯Entry: 0.1880 - 0.1905
🛑Stop Loss: 0.1800 (Rigid stop loss, invalid if it breaks below previous high support and EMA20)
🚀Target 1: 0.2100
🚀Target 2: 0.2300
Hardcore logic: This is a classic short squeeze scenario. Core data resonance: 1) Funding rate at -0.5758%, extremely negative, indicating high cost for shorts; 2) Open interest remains stable, and the price increase is not due to main force covering longs but rather shorts being squeezed; 3) Depth imbalance at -20.59%, with buy-side thickness significantly exceeding sell-side, showing large funds are supporting the price below the current level.
Price action-wise, the volume surge long candle directly engulfs the previous high resistance at 0.1871 and turns it into support. RSI(74) remains high but is not a reason to short in a short squeeze scenario. EMA20(0.1552) has crossed above EMA50(0.1525) and serves as dynamic support. ATR(0.0117) indicates increased volatility, so stop loss should be set with enough room.
Key risk: If the price fails to hold above 0.1880 and quickly falls below EMA20, the short squeeze logic may fail, and strict stop loss is required.
Trade here 👇 $STG
---
Follow me: Get more real-time analysis and insights on the crypto market!
#我在Gate广场过新年 #当前行情抄底还是观望? $BTC $ETH $SOL