【$STX Signal】1H Stabilization and Rebound, Short Squeeze Opportunity

$STX The 1-hour level is supported around 0.2600, and the price has already broken above the 1-hour moving average, with short-term momentum recovering. Although the 4-hour level is in consolidation, the open interest remains stable. In a negative fee environment, the price refuses to fall sharply, indicating potential for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 0.2621 - 0.2627

🛑Stop Loss: 0.2585

🚀Target 1: 0.2680

🚀Target 2: 0.2720

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price retraces and breaks below the moving stop loss, exit all positions.

(Depth Logic: The 1-hour RSI is approaching the 50 midline, indicating healthy momentum. Market depth data shows buy orders are significantly thicker than sell orders, with a clear imbalance. There is a large accumulation of buy orders in the 0.2600-0.2607 region, forming a strong support. The 4-hour open interest has not decreased with the price decline, indicating funds have not exited. Combined with the negative fee environment, the risk of a short squeeze is building up. )

View real-time market 👇 $STX

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