【$0G Signal】Empty Position + Short Squeeze After High-Level Consolidation

$0G After experiencing a violent short squeeze rally of over 25%, the price has entered a consolidation phase at high levels, with clear signs of exhausted momentum.

🎯 Direction: Empty Position

Market Analysis: After a massive bullish candle on the 4H chart, two consecutive candles closed lower, and the Buy/Sell Ratio remained below 0.5, indicating a lack of buying enthusiasm to chase higher. The price has broken below the midpoint of the last rally candle (~0.69), confirming the interruption of upward momentum.

Logical Core: This is a typical short squeeze scenario, driven mainly by negative funding rates (-0.1444%) causing short sellers to be forced out, rather than active long positions from major players. Open interest (OI) has stabilized after the surge, with no signs of continuous inflow, suggesting limited new longs.

Depth Data Reveals the Truth: Order book depth is imbalanced (-15.41%) and the buy/sell ratio (0.73) is bearish. Sell orders (Asks) far outnumber buy orders (Bids), indicating heavy overhead selling pressure. RSI (64.17) is not overbought, but divergence between price, volume, and OI suggests the upward move is unsustainable.

Current price (0.6596) is tightly hugging the EMA20 (0.5773), but just above a dense trading zone and trapped positions. Without new bullish capital inflows, the price is more likely to retest key support levels (0.61-0.62 area) to test buying strength. At this point, chasing longs is extremely risky, characteristic of a fish tail pattern.

Risk Control Perspective: ATR reaches 0.042, indicating high volatility and difficulty setting stop-losses. The risk-reward ratio cannot meet the strict >1.5 rule. The best strategy is to stay on the sidelines and wait for the market to make a clear decision at critical levels.

Trade here: 👇 $0G

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