$TAC 5-minute drop of 4.28%, with the current price at 0.001157. There are two possible scenarios from here:
① If volume contracts, the price holds sideways, and it climbs back above the starting point of the decline → this move looks more like a shakeout
② If the rebound lacks strength and the 24-hour low of 0.000865 is breached → the downtrend is likely to continue
I’d personally wait to see how the stabilization signals develop before making a judgment. What’s your take at this stage?
This is not investment advice of any kind. You are responsible for your own risk.
① If volume contracts, the price holds sideways, and it climbs back above the starting point of the decline → this move looks more like a shakeout
② If the rebound lacks strength and the 24-hour low of 0.000865 is breached → the downtrend is likely to continue
I’d personally wait to see how the stabilization signals develop before making a judgment. What’s your take at this stage?
This is not investment advice of any kind. You are responsible for your own risk.