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

$STG After a 44% surge in a single day, it consolidates strongly at high levels. This is a healthy reset in a typical short squeeze market, not a top.

🎯Direction: Long

🎯Entry: 0.208 - 0.212

🛑Stop Loss: 0.195 (Breaks below the previous 4H low and EMA20 support, rigid stop loss)

🚀Target 1: 0.235

🚀Target 2: 0.255

Logical core: The current market is a textbook example of a short squeeze. The funding rate is deeply negative (-0.1895%), while open interest (OI) remains stable, indicating that shorts are still paying high costs and have not been massively closed, fueling further short squeezing. Although the 4H RSI is as high as 76, in a strong short squeeze environment, overbought indicators will continue to weaken.

Market analysis: Order book depth shows significant imbalance, with buy-side depth (Bids) far thicker than sell-side (Asks). The buy/sell depth ratio reaches 0.77, indicating large institutional buy orders below the current price supporting accumulation, providing solid support for the price. The price remains firmly above EMA20 (0.1688), with a healthy trend structure.

Key levels: The current price consolidates above yesterday’s massive breakout zone of 0.196-0.205, which has now become a strong support. As long as the price holds above 0.195 (previous low + EMA20 resonance level), the short squeeze logic remains valid. The upper targets are the previous high of 0.221 and the Fibonacci extension levels at 0.236.

Trade here 👇 $STG

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