【$TAUSDT Signal】Bullish defense line broken, go short at current price

$TAUSDT 1H level surged then pulled back, after piercing the upper Bollinger Band on the 4-hour chart, the price quickly retraced, with buying depth showing a gap around 0.0632. RSI on the 1-hour chart reads 73, and the 4-hour RSI is also at a high of 72, indicating initial signs of momentum exhaustion. MACD on the 1-hour chart shows the histogram beginning to contract, diverging from new price highs. Market data shows significant sell orders accumulating between 0.0633 and 0.0634, with selling pressure actively increasing.

🎯Direction: Short

⚡Entry: Short immediately at current price around 0.06321

🛑Stop Loss: 0.06410

🚀Target 1: 0.06000

🚀Target 2: 0.05800

🛡️Trade Management:
- Execution Strategy: When the price reaches 0.06000, reduce position by 50% and move stop loss to entry price. The remaining position targets 0.05800. If the price rebounds to the entry level, exit unconditionally.

Position size remains stable, but the price pulling back from highs indicates that chasing the top has not exited the market, but rather is passively enduring unrealized losses, increasing the potential for subsequent selling pressure. The 1-hour candlestick closes below the cluster of moving averages, signaling short-term structural weakening. The risk-reward ratio is close to 4:1, giving this trade an advantageous risk profile amid current volatility.

View real-time market 👇 $TAUSDT
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