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【$TAG Signal】Short squeeze pullback, secondary upward attack
$TAG 1H level RSI surges to 89.78, price breaks above the upper Bollinger Band, clear buy-side gap. The 4H level also stays above the upper Bollinger Band, MACD histogram continues to expand. Market depth shows sell orders stacking above 0.000788, large buy orders around 0.000785.
🎯Direction: Pullback to go long
⚡Entry/Order: Batch entries between 0.0006012 - 0.0007827
🛑Stop loss: 0.0005964
🚀Target 1: 0.0007873
🚀Target 2: 0.0007905
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, move stop loss to break-even. If price falls back into entry zone, automatically exit to protect capital.
Funding rate at 0.1051% is relatively high, indicating short squeeze potential. Position volume remains stable, no significant open interest decline due to profit-taking. 1-hour volume shrinks after rally, indicating a healthy pullback. This deep retracement after an initial rapid rise offers a better risk-reward ratio than chasing the high.
Check real-time market 👇 $TAG
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