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$TAG Signal | 1H pullback to buy more, waiting for a better risk-reward ratio
$TAG Depth ratio of 1.68, buy orders support the bottom but selling pressure at high levels continues to accumulate. The 4H Bollinger Band upper band is around 0.0007 resistance, MACD momentum bars are narrowing, increasing the probability of a pullback. Funding rate is 0.0466%, relatively low, bulls are not overheated, and there is still room for adjustment.
🎯Direction: Long (pending order pullback)
⚡Entry: 0.0007200 (within the suggested entry zone)
🛑Stop loss: 0.0005964
🚀Target 1: 0.0007287
🚀Target 2: 0.0007316
🛡️Trade management: - Reduce 50% of position upon reaching Target 1, move stop loss up to the entry price. If the price drops below 0.0007200, exit immediately to protect capital.
The current risk-reward ratio is relatively low, but the buy order depth advantage remains. If the price retraces to the order point, consider a small position to speculate on a short-term rebound. The 4H momentum has not yet turned bearish, waiting for confirmation from capital flow.
View real-time market 👇 $TAG
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