【$TAG Signal】Pullback to Long / 1H Level Overbought Correction

$TAG 1H level RSI soared to 89.78, price broke above the upper Bollinger Band, clear signs of a buying gap. The 4H level also remains above the upper Bollinger Band, RSI at 81.18, indicating excessive bullish sentiment. Market depth shows sell orders stacking above 0.000788, while large buy orders near 0.000785 reveal capital support intentions.

🎯Direction: Watch (Pullback pending buy orders)

⚡Entry/Order: 0.0006012 - 0.0007827, lurking near the lower boundary of the range

🛑Stop Loss: 0.0005964

🚀Target 1: 0.0007873

🚀Target 2: 0.0007905

🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect capital.

Current funding rate is 0.1051%, relatively high, but open interest remains stable with no significant outflows. 1H MACD is still expanding, but the risk of divergence between price and indicator is accumulating. This first deep pullback after a rapid surge offers a better risk-reward ratio. Liquidity is usually weaker during early weekend hours, and after large fluctuations, patience is needed for the market to provide better prices.

View real-time quotes 👇 $TAG
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