$TAC Breakdown Confirmed. Short the Dead Cat.
Crash from $0.006 to $0.0029. That's -50% in weeks. Now stuck in a weak consolidation with no demand.
The setup:
· Entry: $0.002919 (current mark)
· SL: $0.003050 (-4.5%)
· TP: $0.002700 / $0.002400 / $0.002000
Why it bleeds:
· Persistent lower highs on daily
· Volume drying up (only 1.43B TAC)
· Break below $0.0029 opens floodgates
· No support until $0.0020
Risk 4.5% to bag 30% downside. That's 6.5x reward.
Bounce to $0.003? That's a gift. Short it.
Don't catch a falling knife. Ride it down.
Short here 👇🏻
$ESPORTS $ERA
Crash from $0.006 to $0.0029. That's -50% in weeks. Now stuck in a weak consolidation with no demand.
The setup:
· Entry: $0.002919 (current mark)
· SL: $0.003050 (-4.5%)
· TP: $0.002700 / $0.002400 / $0.002000
Why it bleeds:
· Persistent lower highs on daily
· Volume drying up (only 1.43B TAC)
· Break below $0.0029 opens floodgates
· No support until $0.0020
Risk 4.5% to bag 30% downside. That's 6.5x reward.
Bounce to $0.003? That's a gift. Short it.
Don't catch a falling knife. Ride it down.
Short here 👇🏻
$ESPORTS $ERA