【$STABLE Signal】Long | Short squeeze pattern established, deep imbalance supports a second rally
After a volume breakout on the 4H timeframe, the price consolidates strongly below the previous high resistance zone (0.0239). This is a typical short squeeze (Short Squeeze) continuation pattern, not a top.
🎯 Direction: Long
🎯 Entry: 0.0228 - 0.0232
🛑 Stop Loss: 0.0219 $STABLE Breaks below the previous 4H candle body low, rigid stop loss (
🚀 Target 1: 0.0250
🚀 Target 2: 0.0275
Core logic triple resonance: 1) Short squeeze drive: Funding rate deeply negative (-0.1830%) and open interest (OI) stable at 421 million, shorts are paying high fees, at high risk of being squeezed. 2) Healthy technicals: Price remains above EMA20 (0.0201), RSI (64.4) has pulled back from overbought territory, building momentum for a second upward move. 3) Order book support: Deep imbalance reaches -29.41%, bid depth significantly exceeds ask depth, indicating major players are actively placing buy orders below the current price to accumulate, with minimal selling pressure. The recent volume reduction and pullback is an ideal opportunity to add to long positions.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$STABLE Signal】Long | Short squeeze pattern established, deep imbalance supports a second rally
After a volume breakout on the 4H timeframe, the price consolidates strongly below the previous high resistance zone (0.0239). This is a typical short squeeze (Short Squeeze) continuation pattern, not a top.
🎯 Direction: Long
🎯 Entry: 0.0228 - 0.0232
🛑 Stop Loss: 0.0219 $STABLE Breaks below the previous 4H candle body low, rigid stop loss (
🚀 Target 1: 0.0250
🚀 Target 2: 0.0275
Core logic triple resonance: 1) Short squeeze drive: Funding rate deeply negative (-0.1830%) and open interest (OI) stable at 421 million, shorts are paying high fees, at high risk of being squeezed. 2) Healthy technicals: Price remains above EMA20 (0.0201), RSI (64.4) has pulled back from overbought territory, building momentum for a second upward move. 3) Order book support: Deep imbalance reaches -29.41%, bid depth significantly exceeds ask depth, indicating major players are actively placing buy orders below the current price to accumulate, with minimal selling pressure. The recent volume reduction and pullback is an ideal opportunity to add to long positions.
Trade here 👇 )
---
Follow me: Get more real-time analysis and insights on the crypto market!