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【$TAG Signal】Bearish pressure, 1H double-top retracement structure
$TAG depth imbalance -24.84%, continuous selling pressure. After 1H surged to 0.001153, it plunged rapidly. Current price 0.00072 consolidating horizontally, support is weak. 4H Bollinger upper band at 0.0011 already lost, MACD histogram shrinking and flattening, rebound momentum exhausted.
🎯Direction: Short
⚡Entry / Limit: 0.00071684 - 0.00071900
🛑Stop Loss: 0.00072619
🚀Target 1: 0.00070821
🚀Target 2: 0.00070282
🛡️Trade Management: Reduce 50% at Target 1, move stop loss to breakeven. If price rebounds and breaks the stop loss level, exit decisively.
Current risk-reward ratio 1.5, short-term selling pressure not fully released. Following the trend to strike is more prudent.
View real-time quotes 👇 $TAG
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