📈 Coin $TAC is moving toward liquidity withdrawal and preparing for an upward rebound wave
👇 Technical direction: an upcoming overall decline to remove liquidity from the yellow monitoring zone before the move up, in order to retest the upper resistance
📍 Monitoring zone: 0.000950 – 0.001046 (the yellow rectangle WATCH ZONE + LIQUIDITY for pulling liquidity)
🎯 Price targets:
• Target 1: 0.001298
• Target 2: 0.001432
• Target 3: 0.001573
❌ Scenario cancellation: a 4-hour candle close below 0.000850
💡 Technical rationale: price dropped with a sharp bearish candle from the red resistance zone, leading to bearish exhaustion and the formation of a liquidity area.
Expected: the price will head down to target the yellow liquidity zone and capture the low, followed by an upward rebound toward the specified upper price targets.
👇 Technical direction: an upcoming overall decline to remove liquidity from the yellow monitoring zone before the move up, in order to retest the upper resistance
📍 Monitoring zone: 0.000950 – 0.001046 (the yellow rectangle WATCH ZONE + LIQUIDITY for pulling liquidity)
🎯 Price targets:
• Target 1: 0.001298
• Target 2: 0.001432
• Target 3: 0.001573
❌ Scenario cancellation: a 4-hour candle close below 0.000850
💡 Technical rationale: price dropped with a sharp bearish candle from the red resistance zone, leading to bearish exhaustion and the formation of a liquidity area.
Expected: the price will head down to target the yellow liquidity zone and capture the low, followed by an upward rebound toward the specified upper price targets.
