【$OG Signal】Long | Healthy Consolidation After Short Squeeze

$OG After a single-day surge of 21%, it is consolidating at a high level in the 4.90-4.95 range. This is a typical healthy cooldown after a short squeeze, not a top.

🎯 Direction: Long

🎯 Entry: 4.88 - 4.92

🛑 Stop Loss: 4.72 ( Breaks below the previous 4H K-line body low, rigid stop loss )

🚀 Target 1: 5.25

🚀 Target 2: 5.50

Market Analysis: The price has strongly broken through the EMA20/50 dual moving averages, forming a V-shaped reversal. Key data reveals the essence of the short squeeze: Funding rate +0.005% is positive but not high in absolute value, open interest remains stable, indicating that the rally is driven by spot buying and short covering, not a high-leverage long bubble.

Core Logic: Deep imbalance reaches 92.88%, buy volume far exceeds sell volume, especially with massive buy orders at the 4.90 level (77,609 units), forming a strong support. RSI hits 84.92, but in a short squeeze environment, high RSI signals momentum continuation, not reversal.

After breaking above the previous high of 4.85 (now turned support), the price retraced to confirm. The 4H buy/sell ratio remains between 0.44-0.53, indicating limited selling pressure. ATR is 0.2077, making the stop loss reasonable, with a risk-reward ratio >2.0. The main players' intent is clear: quickly pushing up in low-liquidity areas, currently defending high levels to absorb buy orders and prepare for the next rally.

Trade here 👇 $OG

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