【$STG Signal】Long | Short squeeze continues, deep imbalance support

$STG After a single-day surge of over 20%, it is consolidating strongly at high levels. The 4H timeframe shows a healthy cooling after a massive bullish candle breakout, not a top reversal.

🎯Direction: Long

🎯Entry: 0.1960 - 0.1980

🛑Stop Loss: 0.1890 (Breaks below previous high support, rigid stop loss)

🚀Target 1: 0.2150

🚀Target 2: 0.2350

Logical core: This is a classic short squeeze market. Key data resonance: 1) Funding rate as high as -0.4943%, indicating extremely high short holding costs; 2) Open interest (OI) remains stable during the surge, showing shorts have not massively capitulated, and the short squeeze fuel is still there; 3) Order book depth shows bid (buy) side far exceeds ask (sell) side, with an imbalance ratio of 5.61%, indicating institutional support at key price levels.

Price action shows limited retracement after the surge candle, with decreasing volume, indicating a strong consolidation. RSI(72.87) remains high, but in a short squeeze context, overbought conditions are not a reason to short. Price remains above EMA20(0.1642), with a solid trend structure. Key entry zones are at the first support after breakout (0.196-0.198) and the dense bid area in the order book, offering a favorable risk-reward ratio.

Trade here 👇 $STG

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