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【$TAG Signal】1H breakout but overbought, pullback to add long positions is safer
$TAG 1H MACD bullish divergence, 4H Bollinger Bands middle band rising, buying pressure continuously increasing. RSI on 1H surged to 72, funding rate at 0.0343% slightly high, sell-side depth is dominant, short-term profit-taking pressure is obvious.
🎯Direction: Long (pullback order)
⚡Entry/Order: 0.0006012 - 0.0006727 (suggest placing order around 0.00066)
🛑Stop loss: 0.0005964
🚀Target 1: 0.0006768
🚀Target 2: 0.0006795
🛡️Trade management: Half position at Target 1 and move stop loss to break-even, exit if reversal downward breaks the entry level.
Depth logic: 1H volume expands but RSI is high, funding rate is relatively high, indicating bullish crowding. Waiting for a pullback near EMA20 for a more secure entry.
View real-time market 👇 $TAG
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