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【$TNSR Signal】Pullback confirmation, secondary upward attack
$TNSR After a violent surge on the 1H timeframe, the price has broken out of the upper Bollinger Band, RSI has soared to 84.16, indicating short-term overbought conditions. The 4H MACD has a golden cross that continues to widen, but the price is far from the EMA20, increasing the risk of chasing the high. The order book shows thick buy orders around 0.0475, with clear intent to support the price.
🎯Direction: Pullback to go long
⚡Entry/Order: Layered entries in the 0.0380 - 0.0390 range
🛑Stop loss: 0.0375
🚀Target 1: 0.0450
🚀Target 2: 0.0480
🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
The 4H Bollinger Bands are widening significantly, and the price is holding above the upper band, indicating early signs of a strong breakout. Open interest remains stable, with a high negative funding rate of -0.79%, suggesting potential short squeeze. The 1H timeframe needs a healthy pullback to digest overbought conditions; the 0.038-0.039 zone is a previous breakout platform and a resonance area with the 1H EMA50, highlighting its value as a support zone. The risk-reward ratio is close to 4:1, making this setup worth a try.
Check real-time market 👇 $TNSR
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#Gate上线Pre-IPOs #加密市场小幅下跌 #原油小幅上涨