$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

---

Follow me: Get more real-time analysis and insights on the crypto market!
TAG7,45%
BTC-1,23%
ETH1,75%
SOL0,63%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)