$STG Signal】Bullish, Short Squeeze Market Initiation, Deep Imbalance Support Breakthrough



$STG After a strong breakout above the previous high of 0.1975 on the 4-hour chart with increased volume, it consolidated strongly around the 0.20 level. Currently, the depth imbalance is at -7.14%, with the sell wall (0.2005) much thicker than the buy wall, but the price refuses to pull back, indicating significant short squeeze pressure.

🎯 Direction: Long

🎯 Entry: 0.1980 - 0.1995

🛑 Stop Loss: 0.1920 ( Break below the previous breakout candlestick low, rigid stop loss )

🚀 Target 1: 0.2150

🚀 Target 2: 0.2350

Hardcore logic: The price has stabilized above EMA20 (0.1601) and EMA50 (0.1547), confirming the trend. Key data resonance: 1) Funding rate -0.8218%, extremely high cost for shorts; 2) Open interest remains stable, not driven by major players; 3) RSI (76.83) is high but ineffective in a short squeeze market. The order book shows a 150,000 USDT sell wall at 0.2005, but deep buy orders below create a narrow range around 0.20, digesting selling pressure healthily. After breaking through the 0.2005 key resistance, liquidity above is sparse, increasing the likelihood of an accelerated short squeeze.

Trade here 👇 $STG

---

Follow me: Get more real-time analysis and insights into the crypto market!
STG38,83%
BTC-2,45%
ETH-3,23%
SOL-3,54%
View Original
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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)