$STO Signal】Pullback to initiate a long position and trap the shorts


$STO 4H MACD positive momentum is shrinking, trading volume has three consecutive decreasing bearish candles, funding rate is -0.1706%, indicating high short concentration. The middle band of the 1H Bollinger Bands is around 0.1008, forming support, and the bid-ask ratio at the order book is 1.21, showing the buy-side order strength below is still decent. The current price of 0.10646 has exited the suggested entry zone; wait for a pullback to around 0.10593 to go long.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.10593
🛑Stop loss: 0.09483
🚀Target 1: 0.10648 🚀Target 2: 0.10691
🛡️Trade management: - Execution strategy: Place a limit order at 0.10593. If filled and the price quickly rises to Target 1, reduce position by 50%, and move the stop loss to break-even. The space is very narrow, so manual monitoring is essential.
(Depth logic: Under negative funding rates, short positions are heavily accumulated. Once the price stabilizes above 0.10648, it will trigger short stop-loss liquidation, pushing a short-term pulse. However, the risk-reward ratio is only 0.05, so trade with very small positions. )
View real-time market 👇 $STO
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