【$STX Signal】Pullback to add longs + 1H level bottom formation, clear main force support intention

The 1H timeframe is consolidating within the narrow range of 0.2640-0.2660 to form a bottom, with the price retracing to near the 1-hour EMA50 for support. Although the 4-hour level shows a slight downward oscillation, the open interest remains stable, with no signs of panic outflows. Combined with buy orders far exceeding sell orders, the main force support is evident. The 1-hour RSI is in a neutral to slightly lower zone, building momentum for a rebound.

🎯 Direction: Long

⚡ Entry/Order: 0.2649 - 0.2652

🛑 Stop Loss: 0.2628

🚀 Target 1: 0.2695

🚀 Target 2: 0.2725

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, move the remaining stop loss up to Target 1 to seek greater gains.

Depth Logic: Market depth data shows abnormally thick buy orders, with an imbalance rate approaching 30%, indicating strong support below. Despite slight price declines, open interest remains stable, suggesting not main force unloading but rather cleaning out floating positions. The 1-hour candlestick repeatedly closes with lower shadows at key support levels, refusing further decline. Coupled with positive funding rates, there is potential for short squeeze momentum. The current price is close to the optimized entry zone, offering an excellent risk-reward setup.

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