$STG In the 4-hour timeframe, volume broke out of the previous consolidation zone, with a single candle surge of over 30%. Currently, it is in the acceleration phase of short squeeze.
🎯Direction: Long
🎯Entry: 0.1880 - 0.1905
🛑Stop Loss: 0.1800 (Rigid stop loss, invalid if it breaks below previous high support and EMA20)
🚀Target 1: 0.2100
🚀Target 2: 0.2300
Hardcore logic: This is a typical short squeeze market. Core data resonance: 1) Funding rate -0.5758%, extremely negative, indicating high cost for shorts; 2) Open interest remains stable, and the price increase is not due to main force covering shorts but rather short covering; 3) Depth imbalance -20.59%, buy-side depth significantly exceeds sell-side, showing large funds are supporting the price below the current level to absorb supply.
In terms of price action, the volume-driven long bullish candle directly engulfs the previous high resistance at 0.1871 and turns it into support. RSI(74) remains high but is not a reason to short in a short squeeze market. EMA20(0.1552) has crossed above EMA50(0.1525) and serves as dynamic support. ATR(0.0117) indicates increased volatility, so stop loss should be set with enough room.
Key risk: If the price cannot hold above 0.1880 and quickly falls below EMA20, the short squeeze logic may fail, and strict stop loss is required.
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$STG In the 4-hour timeframe, volume broke out of the previous consolidation zone, with a single candle surge of over 30%. Currently, it is in the acceleration phase of 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 typical short squeeze market. Core data resonance: 1) Funding rate -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 shorts but rather short covering; 3) Depth imbalance -20.59%, buy-side depth significantly exceeds sell-side, showing large funds are supporting the price below the current level to absorb supply.
In terms of price action, the volume-driven long bullish 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 market. 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 cannot hold above 0.1880 and quickly falls below EMA20, the short squeeze logic may fail, and strict stop loss is required.