$STG Signal】Pullback confirmation, bulls make a second push


$STG 1H RSI skyrocketed to 91.86, price broke above the upper Bollinger Band, and the 4-hour chart is also in overbought territory. Buying depth is solid, but the price is significantly deviated from the short-term moving averages. The risk-reward ratio after this rapid surge needs to be carefully evaluated.

🎯Direction: Long(Pullback to go long)

⚡Entry/Order: Layered entries in the 0.1970 - 0.2019 range

🛑Stop loss: Below 0.1970

🚀Target 1: 0.2214

🚀Target 2: 0.2312

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.

Position size remains stable, funding rate is negative, indicating a risk of short squeeze. The 1-hour MACD momentum bars continue to expand, combined with increasing volume, showing active capital attack. The dense orders around 0.1970 below are a retest confirmation after a previous breakout, with clear intent of support. Under this structure, patience to wait for the price to return to the moving averages before entering is more prudent than chasing highs.
STG35.15%
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
Add a comment
Add a comment
No comments
  • Pin