【$STG Signal】Long | Healthy Pullback in Short Squeeze Market

$STG After a nearly 28% surge in a single day, the market is undergoing a healthy profit-taking and price reset. The 4H timeframe has retested and confirmed the breakout above the previous high (0.1975), with buy orders continuously absorbing selling pressure in the deep imbalance zone (Bids far thicker than Asks).

🎯 Direction: Long

🎯 Entry: 0.1940 - 0.1960 (Previous breakout resistance turned support zone + concentrated deep buy orders)

🛑 Stop Loss: 0.1890 (Break below the previous 4H candle's low, invalidating the logic)

🚀 Target 1: 0.2100 (Previous high resistance zone)

🚀 Target 2: 0.2250 (Fibonacci 1.618 extension level)

Core logic: This is not chasing the rally. 1) Funding rate at -0.1054% + stable open interest indicates a typical short squeeze structure, with shorts still being forced to cover rather than main players distributing. 2) RSI (64.2) has healthy retraced from overbought territory, not entering extreme greed. 3) Order book depth shows massive buy orders below 0.195 for support (imbalance degree 16.67%), indicating clear institutional accumulation intent. 4) Price remains firmly above EMA20 (0.1739) and EMA50 (0.1618), with a solid trend structure. The pullback is shrinking in volume and buy orders are active, presenting a good opportunity to go long with the trend.

Trade here 👇 $STG

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