$TAC Signal】Waiting for a callback to buy more | Funding rate is high, indicating short-term correction risk


$TAC Funding rate soared to 0.0798%, the upper band of the 1H Bollinger Bands at 0.0282 has been pierced and pulled back, current price at 0.025014 closely follows the 4H upper band at 0.0254, RSI on 4H is 68.42, not overbought, but 1H volume has been decreasing for three consecutive bars, indicating insufficient buying momentum. Depth imbalance is -20.97%, selling pressure is slightly dominant.
🎯Direction: Long (waiting for a correction order)
⚡Entry/Order: 0.0240 - 0.0249
🛑Stop loss: 0.016218
🚀Target 1: 0.029186
🚀Target 2: 0.033509
🛡️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.
Depth logic: OI is stable but the rate is high, multiple positions have high costs, once the price retraces near the 1H EMA20 (0.0238), the decline in funding rate will ease the pressure to chase the rally, making the risk-reward ratio reasonable at that point. Currently, it’s not advisable to chase longs at high levels; wait for a pullback to confirm support.
View real-time market 👇 $TAC
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