【$TAC Signal】1H momentum weakening, 4H Bollinger upper band resistance, short-term bearish sniper

$TAC 1H RSI drops from overbought zone to 71, MACD histogram continues to shrink, buying pressure clearly weakens. The 4H Bollinger upper band at 0.0088 forms strong resistance, price spikes up then falls back, closing with a long upper shadow, volume declines simultaneously. Funding rate at 0.0945% is relatively high, bullish leverage is crowded, a pullback could easily trigger a liquidation cascade.
🎯Direction: Short
⚡Entry/Order: Short at current price 0.008735, or add on rebound to 0.008692
🛑Stop loss: 0.006070 (structural breakdown defense)
🚀Target 1: 0.008728 (previous low support)
🚀Target 2: 0.008763 (near 4H Bollinger lower band)
🛡️Trade management: - Reduce 50% of position upon reaching Target 1, move stop loss to entry point. If price falls below 0.0084, remaining position can be held with target 2 in mind.
From order book depth, sell orders are slightly thicker than buy orders, selling pressure is accumulating. The 1H chart shows two consecutive bearish candles, indicating clear signs of short-term bullish exit. This position’s risk-reward ratio isn’t ideal, but the momentum reversal signal is clear, making it worth a small short position.
Check real-time market 👇 $TAC
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