【$TAUSDT Signal】Short squeeze building up, pullback is a buying opportunity


$TAUSDT 1H timeframe consolidating at high levels, 4H MACD golden cross continues to expand, but 1-hour MACD histogram turns negative, indicating a short-term pullback. The order book shows significant sell orders above 0.0637, forming a short-term resistance wall.

🎯Direction: Long (buy on pullback)

⚡Entry/Orders: Accumulate in batches within the 0.05985 - 0.06139 range

🛑Stop loss: Below 0.05890

🚀Target 1: 0.07136

🚀Target 2: 0.07634

🛡️Trade management:
- Execution strategy: After reaching the first target, reduce half of the position, and move the stop loss of the remaining position up to the entry price. If the price cannot hold above 0.0630, consider exiting early.

Open interest remains high and stable, funding rate stays positive, and short positions' cost continues to rise. The 1-hour RSI has pulled back from overbought levels to around 62, providing a healthy correction space. Heavy buy orders in the 0.0600 to 0.0615 area below are ideal zones for capital absorption. The 4-hour Bollinger middle band is trending upward; a pullback to this area offers a better risk-reward entry opportunity.

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