The incremental funds didn’t come in, but the bearish indicators have been reminding me all along: this rebound from $TAC doesn’t have enough quality. Everyone’s watching the small timeframes for entertainment, but I’m actually more concerned with the clear bearish direction on the four-hour chart; the daily chart is also being capped. In this kind of structure, going short is just following the trend. The fifteen-minute momentum has cooled down, and the RSI is hovering at low levels—this isn’t a sign that it’s about to kick off. It feels more like a balloon slowly deflating.
Price is just hovering around the range we’re watching. The path downward is smoother than upward. I’m not saying there won’t be a quick upward spike, but with that kind of strength, it’s hard to change the direction of the trend. Stay with the logic and wait for the market to give us the answer.
🔴 Trading direction: Short
📍 Entry range: 0.0021408 – 0.0021550
🛑 Stop loss: 0.0023279
🎯 Take profit 1: 0.0020128
🎯 Take profit 2: 0.0019229
🎯 Take profit 3: 0.0017878
In still waters, deep vision lies far away; the market’s rise and fall remains calm and composed.
Join Sister Fei, and read the pulse of the surging fortunes.
#TAC
Click the button below to trade 👇
Price is just hovering around the range we’re watching. The path downward is smoother than upward. I’m not saying there won’t be a quick upward spike, but with that kind of strength, it’s hard to change the direction of the trend. Stay with the logic and wait for the market to give us the answer.
🔴 Trading direction: Short
📍 Entry range: 0.0021408 – 0.0021550
🛑 Stop loss: 0.0023279
🎯 Take profit 1: 0.0020128
🎯 Take profit 2: 0.0019229
🎯 Take profit 3: 0.0017878
In still waters, deep vision lies far away; the market’s rise and fall remains calm and composed.
Join Sister Fei, and read the pulse of the surging fortunes.
#TAC
Click the button below to trade 👇