$TAC Signal】1H Bollinger Band breakout followed by pullback confirmation to go long


$TAC 1H Bollinger Band upper band 0.0117 was penetrated, current price 0.012213, 4H MACD bars are still expanding. RSI 1H at 72.8 enters overbought territory but has not turned downward, buy depth 0.62 indicates selling pressure is relatively heavy. 4H volume has two consecutive bullish candles expanding, funding rate at 0.0058% is relatively low, indicating short squeeze conditions are not yet mature. Prefer to wait for the price to pull back to around the 1H EMA20 (0.0108) to enter long, which is also the upper boundary of the previous 4H consolidation zone, offering a clearer risk-reward ratio.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.01080 - 0.01100
🛑Stop loss: 0.01000 (below the 1H previous low of 0.010228)
🚀Target 1: 0.01244
🚀Target 2: 0.01380
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls below the entry lower limit of 0.01080, pause operations and wait for confirmation.
Order book shows sell orders concentrated at 0.0123-0.0125, a short-term breakout requires volume to absorb. If the pullback to 0.0108 does not break and buy orders rebound, the probability of a bullish reversal is high. Personally prefer to wait for confirmation signals to avoid chasing high and getting trapped.
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