【$STBL Signal】Short squeeze continues, 1H level breaks out strongly, targeting the main upward wave within the day

$STBL The 1H level consolidates strongly above the EMA20, then breaks through the previous high of 0.04246 with volume on the current candlestick, forming a momentum breakout. The 4H level has closed positively for several consecutive periods, with the price holding above all EMAs, showing a bullish alignment. Although RSI on the 1H/4H charts is in the overbought zone, in the hot coin short squeeze scenario, overbought conditions can be absorbed by continuous capital inflows. Market depth shows substantial buy orders (Bid/Ask Ratio: 1.41), and the funding rate is only 0.005%, indicating no excessive selling pressure. This upward move is driven by genuine buying, with momentum to continue higher.

🎯Direction: Long (Long)

🎯Entry/Order: Enter directly within the current price range of 0.04293 - 0.04320 (Reason: 1H breakout confirmed, momentum follows )

🛑Stop Loss: 0.04110 (Reason: Break below the 1H support low and EMA20 dynamic support )

🚀Target 1: 0.04500 (Reason: Psychological resistance at round number and previous wave resistance )

🚀Target 2: 0.04750 (Reason: Based on the recent rally’s 1.618 Fibonacci extension level )

🛡Trade Management:

- Position size suggestion: Light position (Reason: RSI overbought, high volatility, strict risk control needed )

- Execution strategy: After reaching 0.04500, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price of 0.04290. If the price strongly breaks through 0.04500 and stabilizes, hold the remaining position to target the second goal.

Depth logic: The past 24 hours saw a 26.71% increase, but OI trend remains stable with no significant decline, indicating it’s not purely profit-taking. There may be new funds entering or passive short covering. The buy/sell ratio on the 1H chart is near equilibrium, and market divergence is breaking upward, showing bullish dominance. The current price has broken above the recent daily oscillation zone upper boundary, opening room for further gains.

View real-time market 👇 $STBL

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