【$TAC Signal】Waiting for a pullback, second entry

$TAC 1H RSI skyrocketed to 76.55, 4H level also surged to 75.99, buying pressure is exhausted in the short term. The 4H Bollinger Band upper band at 0.0079 has been broken, price is oscillating near 0.0084 at a high level, but trading volume has shrunk compared to the previous huge bullish candle. Although the MACD on both timeframes is still expanding, the histogram growth on the 1-hour level is beginning to slow down. The order book depth imbalance is 4.6%, with sell orders relatively thicker. Chasing high at this position carries an unfavorable risk-reward ratio; a pullback is needed to confirm the market bottoming intention.

🎯Direction: Wait and see (pullback to go long)

⚡Entry/Orders: Gradually accumulate in the 0.006513 - 0.0069 range

🛑Stop loss: 0.005870

🚀Target 1: 0.007798

🚀Target 2: 0.008441

🛡️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, exit automatically to protect capital.

The 4H MACD has a strong bullish crossover momentum, but the price is far from the EMA20. A more cautious strategy is to wait for the price to pull back to the 1-hour EMA50 (0.0066) or near the middle Bollinger Band, observing whether buying interest re-accumulates. The current funding rate of 0.0373% is not extreme, but the stable open interest indicates limited disagreement between bulls and bears at this level, suggesting a need for a shakeout. If during the pullback, the 1-hour volume increases again and RSI shows a bullish divergence, it would be an ideal second entry opportunity.

Check real-time market 👇 $TAC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate13周年现场直击 #WCTC交易赛瓜分800万USDT #比特币反弹