【$TAG Signal】Long + Healthy Consolidation After Breakout
$TAG After a volume breakout on the 4H timeframe, the price is undergoing healthy consolidation below the previous high resistance zone. The price action shows strong sideways movement rather than top selling.
🎯 Direction: Long
🎯 Entry: 0.000322 - 0.000325
🛑 Stop Loss: 0.000315 ( Rigid Stop Loss )
🚀 Target 1: 0.000340
🚀 Target 2: 0.000360
Hardcore Logic: 1) The 4H candlestick shows three consecutive volume-increasing bullish candles breaking out, with the last candle’s buy/sell ratio at 0.47, close to equilibrium, indicating limited selling pressure after the breakout and healthy turnover. 2) Open interest (OI) remains stable during the price increase, combined with negative Taker buy orders (is_taker_buying: false), suggesting the rally is not driven by retail FOMO but more likely by institutional accumulation or passive short covering (liquidation). If OI begins to rise later, it confirms new long positions entering. 3) The current price consolidates in the middle of yesterday’s large bullish candle, with the order book showing significant ask orders above 0.000325, forming a clear resistance zone. The price oscillates here to digest selling pressure rather than dropping back, indicating strength. The key support is near the breakout point at around 0.000299, with stop loss set below it.
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【$TAG Signal】Long + Healthy Consolidation After Breakout
$TAG After a volume breakout on the 4H timeframe, the price is undergoing healthy consolidation below the previous high resistance zone. The price action shows strong sideways movement rather than top selling.
🎯 Direction: Long
🎯 Entry: 0.000322 - 0.000325
🛑 Stop Loss: 0.000315 ( Rigid Stop Loss )
🚀 Target 1: 0.000340
🚀 Target 2: 0.000360
Hardcore Logic: 1) The 4H candlestick shows three consecutive volume-increasing bullish candles breaking out, with the last candle’s buy/sell ratio at 0.47, close to equilibrium, indicating limited selling pressure after the breakout and healthy turnover. 2) Open interest (OI) remains stable during the price increase, combined with negative Taker buy orders (is_taker_buying: false), suggesting the rally is not driven by retail FOMO but more likely by institutional accumulation or passive short covering (liquidation). If OI begins to rise later, it confirms new long positions entering. 3) The current price consolidates in the middle of yesterday’s large bullish candle, with the order book showing significant ask orders above 0.000325, forming a clear resistance zone. The price oscillates here to digest selling pressure rather than dropping back, indicating strength. The key support is near the breakout point at around 0.000299, with stop loss set below it.
Trade here 👇 $TAG
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