$TA Signal: Callback long position, wait for deep retracement

$TA RSI 1H skyrocketed to 81.64, 1H MACD histogram shifted from expansion to contraction, buying pressure clearly weakened. The upper band of the 4H Bollinger Bands at 0.0604 has been pierced, current price at 0.06141 is outside the upper band, deep imbalance -5.97% indicates selling pressure is accumulating. Funding rate is neutral at 0.0396%, open interest shows no abnormal fluctuations. From a risk-reward perspective, chasing long at RRR of 0.04 is pointless; placing a deep retracement order offers a safer margin.
🎯Direction: Long (Place order)
⚡Entry/Order: 0.05481
🛑Stop loss: 0.05283
🚀Target 1: 0.06140
🚀Target 2: 0.06164
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss to break-even. If the price drops below 0.05481 and the stop loss is not triggered, exit automatically.
Current price is far from entry point, patiently wait with the order. If the price breaks above the previous high of 0.06269 with increased volume, consider small position chasing long, but bear the higher risk yourself.
Check real-time market 👇 $TA
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