TAC PLUNGES DEEPER INTO LOSS 🏚️📉
The 4‑hour candle ripped through the $0.001794 mid‑range order block, slamming
$TAC into a steep downtrend. 📉 Volume stayed elevated above $55 M, confirming that institutional order flow has turned aggressive on the short side. The price now sits at $0.001683, a 33.8 % slide from the 24‑hour high, and the momentum histogram is firmly negative.
Every successive 15‑minute bar has failed to reclaim the $0.001045 support cluster, testing it three times within the last hour. The breach suggests a structural weakness rather than a healthy correction, as the lower swing low is now forming beneath the prior swing high. Should
$TAC hold above the $0.001045 floor, a bounce toward the $0.001794 mid‑range could emerge, but the prevailing pressure remains bearish.
Futures open interest has surged on the short side, indicating that market makers are reinforcing the down move. The lack of fresh buying at the $0.001200 level points to dwindling accumulation, and the order‑book imbalance is widening, which could accelerate the slide if sellers dominate the next liquidity pool. 📉
Levels to monitor:
Watching support around $0.001045
Structure suggests resistance near $0.001794
Mid range area: $0.001683
DYOR
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