【$STABLE Signal】Short Squeeze Continues, 1H Pullback Confirmation Followed by Second Breakout

$STABLE On the 1H timeframe, after experiencing a massive rally, the price is consolidating strongly at high levels. Currently trading around 0.03736, the 1H candlestick has stabilized above the EMA20 (0.0354), and the 4H timeframe has formed a clear upward trend, with EMA20 (0.0328) and EMA50 (0.0303) in a bullish alignment. The key signal is: funding rate is as high as -0.2075%, but the price remains firm and open interest is stable. This is a typical short squeeze structure, where forced short covering will provide continuous buying pressure.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0370 - 0.0373 (Enter in batches near the current price)

🛑Stop Loss: 0.0356 (Break below the 1H previous low and EMA50 support)

🚀Target 1: 0.0388 (Near the previous high, also the Fibonacci 1.618 extension on the 4H timeframe)

🚀Target 2: 0.0405 (Band target based on ATR measurement)

🛡️Trade Management:

- Position suggestion: Standard position (trend resonance, clear short squeeze logic, but beware of high volatility).

- Execution strategy: After entering, if the price quickly hits Target 1, reduce position by 50%, and move the remaining stop loss to the entry price (break-even). Hold the remaining position for Target 2. If the price cannot hold above 0.0375 and falls back, beware of false breakouts and strictly execute stop loss.

Deep logic: The market shows strong short squeeze momentum. Although the 1H RSI (69.02) and 4H RSI (80.92) are high, in a negative funding rate environment, high RSI is not necessarily a bearish signal; it may instead indicate that the short squeeze momentum has not been fully released. Market depth shows buy orders accumulating (bid_ask_ratio_depth=3.22), with dense support below. The 1H volume significantly increases during the rally and decreases during pullbacks, indicating healthy turnover. Open interest remains stable, suggesting it’s not just long-term profit-taking but ongoing pressure on shorts. Combined with the 4H candlestick closing higher and breaking out of consolidation, the main force is clearly bullish, and a pullback is an opportunity.

View real-time market 👇 $STABLE

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