$TAC Signal】1H high-level volume contraction pullback, waiting for a dip to go long


$TAC 1H trading volume sharply dropped from 470 million to 110 million, price retreated from 0.0292 to 0.0262, buying momentum clearly weakening. After breaking through the 4H Bollinger upper band at 0.0257, the current price is 0.0262, the gap is still widening but the funding rate at 0.0892% is relatively high, indicating long positions' cost is rising. The order book depth shows slightly stronger sell pressure (Bid/Ask 0.89), short-term profit-taking pressure needs to be absorbed.
🎯Direction: Long (buy on dip)
⚡Entry/Orders: 0.020641 - 0.026088
🛑Stop loss: 0.016218
🚀Target 1: 0.029487
🚀Target 2: 0.033909
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
The 4H RSI has fallen from 82 to 72, the 1H MACD histogram is narrowing, but the 4H bullish trend remains intact. If the price dips to around 0.0206-0.021 (supported by 1H EMA50) and shows signs of support with increased volume, it could be a good sniper entry point. Currently, chasing higher has a poor risk-reward ratio; waiting for a better entry point is more prudent.
View real-time market 👇 $TAC
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