【$STG Signal】Long! After a violent surge on the 1H chart, a pullback occurs, clear signs of main force supporting the market, targeting a second pulse

$STG The 1H timeframe just completed a massive bullish candle rally, breaking through the recent consolidation range. Currently in the strong pullback confirmation stage. Although the 4H timeframe is still in a downtrend channel, the momentum and capital inflow on the 1H chart present an excellent short-term trading opportunity. In a negative funding rate environment, the price remains firm, indicating a typical short squeeze precursor.

🎯Direction: Long (Long)

🎯Entry/Order: 0.1375 - 0.1385 (Reason: Pullback to the 1H EMA20 support zone and the middle of the massive bullish candle )

🛑Stop Loss: 0.1350 (Reason: Break below the start of the massive bullish candle and previous low support, ATR-based stop loss )

🚀Target 1: 0.1420 (Reason: Breakout of previous high resistance and initial suppression by 4H EMA50 )

🚀Target 2: 0.1470 (Reason: 1.618 Fibonacci extension level and previous high area on the daily chart )

🛡️Trade Management:

- Position Size Suggestion: Light position (Reason: The 4H trend has not fully reversed, indicating contrarian trading, control risk )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price. If the price cannot hold above 0.1400 and falls back into the entry zone, consider it a weak signal and exit early.

Deep Logic: Over the past 4 hours, open interest (Open Interest) remains stable. During the big rally, there was no significant decline, indicating it’s not just short covering but possibly new long positions entering. The 1H RSI is at 66.95, in a healthy bullish zone with room to go higher. Market depth data shows buy orders (Bid) slightly thicker than sell orders (Ask), with an imbalance rate of 7.40%, indicating strong support below. The negative funding rate (-0.0524%) increases short holding costs, hinting at a potential short squeeze.

View real-time market 👇 $STG

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