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【$TAG Signal】Pullback to go long, second rally in betting
$TAG 1H level surge and pullback, price consolidating around 0.0008146. After MACD bullish crossover on the 4H chart, the histogram shrank, indicating bullish momentum pause. The 1H RSI dropped from overbought to 57, and after buying pressure broke down, selling pressure was quickly absorbed. Market depth data shows very thick orders in the 0.000811 to 0.000813 range, fully exposing the capital support intent.
🎯Direction: Long
⚡Entry/Order: 0.0008105
🛑Stop Loss: 0.0006958
🚀Target 1: 0.0008140
🚀Target 2: 0.0008172
🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back to the entry level, automatically exit to protect capital.
Position size remains stable, funding rate at 0.04% indicates no overheating, providing a mild environment for bulls. The middle band of the 1H Bollinger Bands at 0.0008 forms dynamic support, combined with dense buy orders below, offering a favorable risk-reward ratio. Currently, the focus is on confirming the pullback after the initial volume breakout, not chasing the rally.
View real-time market 👇 $TAG
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