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【$TAGUSDT Signal】Pullback to go long / Main force clearly protecting the market
$TAGUSDT After a violent surge on the 1H timeframe, the price has pushed up to the upper band of the Bollinger Bands, RSI has soared to 86, indicating severe short-term overbought conditions. The 4H MACD is still showing a bullish crossover and expanding, but the 1H buying momentum is broken, which looks too fake. A technical pullback is needed to digest profit-taking.
🎯Direction: Pullback to buy
⚡Entry: Buy in batches within the 0.0005970 - 0.0006000 range
🛑Stop loss: Above 0.0006000
🚀Target 1: 0.0005895
🚀Target 2: 0.0005858
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect capital.
Order book shows heavy buy orders around 0.0007168, fully exposing the market’s support intent. Open interest remains stable after the rally, with no signs of large-scale withdrawal, indicating clear main force support actions. The 1H price is far from EMA20, making chasing high very risky, with an unfavorable risk-reward ratio. Patience is advised until the price pulls back to the dense moving average zone before acting. Funds are usually active before the US stock market closes, making this pullback an excellent second-entry opportunity.
Check real-time market 👇 $TAG
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