【$TAUSDT Signal】Short squeeze continues, main force's intention to support the market is clear


$TAUSDT A massive bullish candle on the 4H chart directly breaks through the upper Bollinger Band, open interest remains unchanged, but the funding rate is only 0.005%, a typical short squeeze structure. On the 1H chart, price repeatedly tests around 0.0639, with buy orders heavily stacked below 0.0638, while sell orders form a thin wall above 0.064. The MACD double lines are strongly diverging above the zero line. Under this volume and price action, a pullback is just giving away money.

🎯Direction: Long

⚡Entry/Order placement: Layered entries in the 0.0589 - 0.0604 range

🛑Stop loss: 0.0579

🚀Target 1: 0.0704

🚀Target 2: 0.0754

🛡️Trade management:
- Execution strategy: After reaching the first target, reduce position by half, and move the remaining stop loss up to the entry price. If the price fails to hold above 0.0635 and drops below 0.062 again, consider it weak and exit all positions.

Market data shows nearly ten million-level sell orders at the 0.064 level, which is the first barrier for main force testing resistance. Once absorbed by buy orders, the upward space will be fully opened. The 1-hour RSI hovers around 72, indicating strong consolidation and not entering extreme overbought territory. Open interest remains stable amid sharp price fluctuations, indicating that chips are not loosening, and the bullish main force is still in the market. The current risk-reward ratio is close to 1:4, making it worthwhile to use a smaller stop loss to seek upside potential.

Check real-time market 👇 $TAUSDT
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