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【$TAG Signal】Pullback with Multiple Entries | Buy Side Depth Support
$TAG Buy and sell order depth ratio 2.53, buy side thickness crushes the sellers.
1H Bollinger bands narrowing, price retraces to the midline at 0.0008, volume shrinks but support at 0.00081 below is held up twice.
Funding rate at 0.0336% is relatively high, long positions' cost increases but open interest remains stable, potential short squeeze momentum has not been released.
4H MACD histogram shrinks, but price remains above EMA20, short-term structure not broken.
🎯Direction: Long
⚡Entry/Order: 0.0008000 (Pullback entry)
🛑Stop loss: 0.0006958
🚀Target 1: 0.0008526
🚀Target 2: 0.0008561
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to breakeven.
If price falls back into the entry zone, automatically exit to protect principal.
Looking at the market, buy side depth of 2.53 indicates very strong willingness to support below, even if it spikes up and pulls back, panic selling is not seen.
1H RSI at 56 is neutral, not overheated, if it retraces to 0.0008 and stabilizes, risk-reward ratio is acceptable.
Chasing high at the top has low cost-effectiveness; wait for a pullback for a more secure entry.
Check real-time market 👇 $TAG
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