【$TAG Signal】Waiting for a pullback to 4H support to go long

$TAG Current price 0.0008737, 1H retraced from 0.0009981, selling pressure at high levels increased, funding rate at 0.0714% is relatively high. The upper band of the 4H Bollinger around 0.0009 forms a short-term resistance, but the medium-term EMA50 / Bollinger middle band at 0.0007 provides clear support. Deep sell orders are heavy, and a pullback to around 0.0007 will create a balance point between bulls and bears.

🎯Direction: Long (place order)

⚡Entry: 0.0007014 (limit order, waiting for deep correction)

🛑Stop loss: 0.0006958

🚀Target 1: 0.0007126

🚀Target 2: 0.0007182

🛡️Trade management:
- After reaching Target 1, reduce position by 50%, move stop loss up to entry price; hold the remaining position until Target 2, if the price drops back below 0.0007014, exit all.

Order depth logic: The 4H uptrend remains intact, the 1H correction relieves overbought pressure, around 0.0007 is the resonance zone of the 4H Bollinger middle band and EMA50, with strong expectations for short covering and buy support. Although the risk-reward ratio is limited, the support is clear, so a short-term trade is suitable.

Check real-time market 👇 $TAG
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