$TAC just lost its entire 4H structure.
SHORT SETUP / WATCH 🔴
TAC is down 34.56% in 24H after a violent breakdown.
Current price: 0.001683
EMA7: 0.001930
EMA25: 0.002337
EMA99: 0.002806
Supertrend: 0.002444
24H high: 0.002584
24H low: 0.001040
Price is now below every major EMA and Supertrend, while the breakdown came with an extreme volume spike.
The bounce from 0.001040 is still weak.
I would not chase the short here after a 34% dump.
Instead, I’m watching for a relief bounce:
Entry: 0.00185-0.00198
Trigger: rejection + 4H bearish close
SL: 0.00218
TP1: 0.00135
TP2: 0.00108
TP3: 0.00092
R:R: 2.28R | 3.65R | 4.55R
TP1: take partials + move SL toward BE.
TP2: protect the remaining position.
TP3: close the remainder or trail.
Invalidation: 4H close above 0.00218.
If $TAC breaks 0.00104 with strong volume, 0.00092 becomes the next downside area.
But if price keeps falling without giving the bounce, I would rather miss the trade than chase the dump.
Trade $TAC on Binance
SHORT SETUP / WATCH 🔴
TAC is down 34.56% in 24H after a violent breakdown.
Current price: 0.001683
EMA7: 0.001930
EMA25: 0.002337
EMA99: 0.002806
Supertrend: 0.002444
24H high: 0.002584
24H low: 0.001040
Price is now below every major EMA and Supertrend, while the breakdown came with an extreme volume spike.
The bounce from 0.001040 is still weak.
I would not chase the short here after a 34% dump.
Instead, I’m watching for a relief bounce:
Entry: 0.00185-0.00198
Trigger: rejection + 4H bearish close
SL: 0.00218
TP1: 0.00135
TP2: 0.00108
TP3: 0.00092
R:R: 2.28R | 3.65R | 4.55R
TP1: take partials + move SL toward BE.
TP2: protect the remaining position.
TP3: close the remainder or trail.
Invalidation: 4H close above 0.00218.
If $TAC breaks 0.00104 with strong volume, 0.00092 becomes the next downside area.
But if price keeps falling without giving the bounce, I would rather miss the trade than chase the dump.
Trade $TAC on Binance