【$TAG Signal】Pullback to go long, continued betting on shorting

$TAG 1H level surges then pulls back, RSI quickly cools from overbought to 61.93, buying orders around 0.0008999 show a gap. 4H MACD red bars contract, but price remains stable in the upper half of the Bollinger Bands, the bullish structure is not fully broken. The sell side order at level one is very thick at 0.0008353, a direct breakout requires volume support.

🎯Direction: Pullback to buy

⚡Entry/Order placement: Place buy orders at the lower boundary of 0.000701 - 0.000831 range, ambush around 0.000701.

🛑Stop loss: 0.000696

🚀Target 1: 0.000834

🚀Target 2: 0.000838

🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back into the entry zone, exit automatically to protect principal.

Current funding rate is still positive at 0.0895%, but open interest remains stable with no signs of panic selling. The 1-hour EMA50 at 0.0007 provides dynamic support, coinciding with the lower edge of the suggested entry zone. The risk-reward ratio at this position is acceptable; the key is whether the price can precisely retest and rebound quickly, avoiding a prolonged decline.

Check real-time market 👇 $TAG
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