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

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

🎯 Direction: Long

🎯 Entry: 0.680 - 0.685

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

🚀 Target 1: 0.750

🚀 Target 2: 0.820

Market analysis: Price strongly broke above 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 major players are continuously placing orders at key levels(0.686-0.687) to accumulate, with a clear intention to defend the price. 4H candlestick buy volume surges, selling pressure is fully absorbed, and the market structure has shifted to a bullish dominance.

Risk management: Set stop loss below the previous high of 0.645, using ATR(0.0308) to create a buffer to avoid false triggers. Risk-reward ratio >2.5, aligning with mathematical advantage. Currently following a trend-following strategy, avoid chasing highs, and wait for a deep pullback to enter on support.

Trade here 👇 $0G

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