$0G Signal】Long | Short squeeze in progress, deep imbalance supports upward movement



$0G Broke out with volume from the previous consolidation zone on the 4H chart, with a daily increase of over 31%, forming a strong short squeeze structure.

🎯 Direction: Long

🎯 Entry: 0.680 - 0.685

🛑 Stop Loss: 0.645 ( Breaks below previous high support level, rigid stop loss )

🚀 Target 1: 0.750

🚀 Target 2: 0.820

Market Analysis: Price strongly broke through the EMA20(0.556) and stabilized, RSI(78), although in overbought territory, combined with an extreme negative funding rate of -0.97% and stable open interest(OI), this is a typical short squeeze driver rather than a top signal. Strictly avoid contrarian shorting.

Core Logic: Depth data shows significant imbalance(-0.99%), with buy orders far exceeding sell orders, indicating that major players are continuously placing orders at key levels(0.686-0.687) to accumulate, with a clear intention to support the price. The 4H candlestick volume for buy orders surged, completely absorbing selling pressure, and the market structure has shifted to a bullish dominance.

Risk Management: Set stop loss below the previous high breakout point at 0.645, using ATR(0.0308) to create a buffer to avoid false triggers. Risk-reward ratio >2.5, aligning with mathematical advantage. Currently, this is a trend-following strategy, avoiding chasing highs, only entering on deep pullback buy zones.

Trade here 👇 $0G

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
0G21,26%
ATR-6,26%
BTC-2,71%
ETH-1,21%
View Original
post-image
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
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)