TAC current price 0.001858 · 24h +7.2% · RSI 58.5|Support 0.001812 / Resistance 0.001875, range trading high-sell low-buy|Distance to resistance: 0.9% / distance to support: 2.5%, same-direction
$TAC has no chill; in this kind of market, the easiest way to lose money is to move around randomly.
A: When the whole internet is bearish on TAC, I first look at the liquidation map: if a large number of leveraged long positions have been swept, it’s easier to get an oversold rebound. I’ll pick up with “bloodied” orders around 0.001812.
B: On the surface I complain, TAC
TAC is stuck in the 0.001812~0.001875 range, with a current price of 0.001858 and RSI 58.5. In this kind of consolidation, I don’t bet on a single direction. I only go long if it breaks above 0.001875; if it breaks below 0.001812, I exit immediately. No movement in between.
Position size matters more than direction. For the same trade, going all-in versus risking 20% makes your mindset—and the result—vastly different.
I’ve laid out the plan; whether it’s right is determined by the market. You can refer to it, but don’t blindly follow.
Some people are afraid of heights, others look for bottoms—I’m the one waiting for the signal.
#TAC #币安广场 #range trading