$TAC Current price: around $0.00166–$0.00170. TAC has stabilized after the severe Aug. 22 sell-off, when it dropped about 40% in one day on very high volume.$TAC
📊 Technical view
Support: $0.00160–$0.00150
Major support: ~$0.00130
Resistance: $0.00190–$0.00200
Next resistance: $0.00225–$0.00250
Bullish trigger: sustained close above $0.00200
Bearish trigger: break below $0.00150
The short-term structure is neutral-to-bearish, but a strong reclaim of $0.00200 could produce a recovery toward $0.00225–$0.00250. A loss of $0.00150 would increase the risk of another move toward $0.00130 or lower. CMC also notes that the recent weakness was linked to a reported security exploit and chain halt, making fundamental/news risk unusually high.
Possible trading setup:
🟢 Long only after confirmation above $0.00190–$0.00200
🎯 TP: $0.00225 / $0.00250 / $0.00280
🛑 SL: $0.00160
⚠️ High risk: TAC remains extremely volatile following the security incident; use small position size and wait for confirmation.
#TAC #BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly #AIHardwareStocksFallPreMarketAAOIDown11.66% #levelsabovemagical
$TAC
📊 Technical view
Support: $0.00160–$0.00150
Major support: ~$0.00130
Resistance: $0.00190–$0.00200
Next resistance: $0.00225–$0.00250
Bullish trigger: sustained close above $0.00200
Bearish trigger: break below $0.00150
The short-term structure is neutral-to-bearish, but a strong reclaim of $0.00200 could produce a recovery toward $0.00225–$0.00250. A loss of $0.00150 would increase the risk of another move toward $0.00130 or lower. CMC also notes that the recent weakness was linked to a reported security exploit and chain halt, making fundamental/news risk unusually high.
Possible trading setup:
🟢 Long only after confirmation above $0.00190–$0.00200
🎯 TP: $0.00225 / $0.00250 / $0.00280
🛑 SL: $0.00160
⚠️ High risk: TAC remains extremely volatile following the security incident; use small position size and wait for confirmation.
#TAC #BitcoinOpenInterestFallsToTwoMonthLow #BitcoinRises23.6%Weekly #AIHardwareStocksFallPreMarketAAOIDown11.66% #levelsabovemagical
$TAC