【$TAG Signal】Long | Healthy Pullback After Volume Breakout
$TAG After completing a volume breakout on the 4-hour chart, the price is currently consolidating at a high level. After breaking above the previous high (~0.000279), it pulled back and is now forming a support platform around 0.000302. This is a typical strong bullish consolidation pattern.
🎯Direction: Long
🎯Entry: 0.000300 - 0.000302
🛑Stop Loss: 0.000290 (Rigid Stop Loss)
🚀Target 1: 0.000335
🚀Target 2: 0.000360
Market logic core: 1) Key breakout: Price volume surged (trading volume spiked) and broke through the previous resistance at 0.000279, confirming bullish dominance. 2) Healthy pullback: After the breakout, the price did not fall sharply but instead oscillated narrowly above the breakout level, with buy orders absorbing (Taker Buy Volume is positive), indicating a strong correction feature. 3) Stable open interest: OI trend remains steady, combined with rising prices, indicating new long positions are driving the move rather than short covering. 4) Order book support: Buy orders are heavily stacked around 0.000300, forming an effective support wall. The current structure is “Breakout - Pullback - Accumulation,” and as long as it does not fall below the breakout level, the probability of continuing upward is very high.
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【$TAG Signal】Long | Healthy Pullback After Volume Breakout
$TAG After completing a volume breakout on the 4-hour chart, the price is currently consolidating at a high level. After breaking above the previous high (~0.000279), it pulled back and is now forming a support platform around 0.000302. This is a typical strong bullish consolidation pattern.
🎯Direction: Long
🎯Entry: 0.000300 - 0.000302
🛑Stop Loss: 0.000290 (Rigid Stop Loss)
🚀Target 1: 0.000335
🚀Target 2: 0.000360
Market logic core: 1) Key breakout: Price volume surged (trading volume spiked) and broke through the previous resistance at 0.000279, confirming bullish dominance. 2) Healthy pullback: After the breakout, the price did not fall sharply but instead oscillated narrowly above the breakout level, with buy orders absorbing (Taker Buy Volume is positive), indicating a strong correction feature. 3) Stable open interest: OI trend remains steady, combined with rising prices, indicating new long positions are driving the move rather than short covering. 4) Order book support: Buy orders are heavily stacked around 0.000300, forming an effective support wall. The current structure is “Breakout - Pullback - Accumulation,” and as long as it does not fall below the breakout level, the probability of continuing upward is very high.
Trade here 👇 $TAG
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