$TAG Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market



$TAG The 1H timeframe has experienced a volume surge and is now in a healthy pullback confirmation stage. The price has stabilized above the EMA20 (0.000374) on the 4H chart, forming an upward relay structure. Although the latest 1-hour candlestick's buy volume ratio has decreased to 0.41, the price has not fallen sharply, and the order book depth on the sell side is much greater than on the buy side (depth imbalance -18.44%), indicating that while there is strong selling pressure above, the main force is supporting the market at key levels and refusing a deep correction. Open interest remains stable, and the funding rate is only 0.005%, posing no overheating risk and providing a safe environment for bulls to operate.

🎯Direction: Long (Long)

🎯Entry/Order: 0.000386 - 0.000388 (Reason: Pullback to the 1H EMA20 support zone and the upper edge of the previous hour's candlestick body )

🛑Stop loss: 0.000378 (Reason: Break below the lower boundary of the current 1H upward channel and the previous low support )

🚀Target 1: 0.000395 (Reason: Test the previous high resistance level, near today's high )

🚀Target 2: 0.000405 (Reason: 1.618 Fibonacci extension level, corresponding to the previous daily resistance zone )

🛡️Trade management:

- Position suggestion: Light position (Reason: Hot Coin experiences high volatility, and the 4H level has not yet fully broken through the previous high, so risk control is necessary )

- Execution strategy: After reaching Target 1, reduce position by 50%, and move the remaining position's stop loss to the entry price (break-even). If the price strongly breaks above 0.000395 and stabilizes, hold the remaining position towards Target 2.

Depth logic: The core of the current market is “strong sideways consolidation.” After a 13% rally, there has been no panic profit-taking, but rather a narrow-range oscillation at high levels to digest selling pressure. The 1H RSI (65.81) is in a healthy, slightly strong zone with room for further upward movement. Combining market logic, “price rising, please consider whether the main force is entering or the bears are stepping on the brakes,” and with stable open interest, it is more likely to be a support action by institutional funds. The area between 0.000386-0.000388 is filled with large buy orders, making it an ideal sniper entry point.

View real-time quotes 👇 $TAG

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Discoveryvip
· 7h ago
To The Moon 🌕
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