$TAC looks as if the bounce could turn out to be a trap.
4H has come to life a bit, but the daily trend is still down.
If the price returns to $0.00215–$0.00216 and meets rejection, I’m looking at:
$0.00204 → $0.00196 → $0.00184
$0.00231 — the level after which this scenario is no longer relevant.
As long as the sellers keep control, I wouldn’t rush to catch the bottom.
4H has come to life a bit, but the daily trend is still down.
If the price returns to $0.00215–$0.00216 and meets rejection, I’m looking at:
$0.00204 → $0.00196 → $0.00184
$0.00231 — the level after which this scenario is no longer relevant.
As long as the sellers keep control, I wouldn’t rush to catch the bottom.
