$TAC crashed from 0.042 to 0.031 in one move. Price broke below EMA20 at 0.033, EMA50 at 0.034 — both sloping down. EMA200 at 0.034 acting as resistance.
Bounces are weak. Volume on the drop is heavy. RSI at 43 — still falling. The structure is clearly bearish.
I'm going short from here.
Entry: 0.03190 – 0.03210 SL: 0.03300
🎯 TP1: 0.03100 🎯 TP2: 0.03020 🎯 TP3: 0.02900
Setup fails if price closes above 0.03250 on the 15m.
When a breakdown is confirmed, the path of least resistance is down.
$RE crashed from 0.71 to 0.62 in one move. That's a 13% drop. Price broke below all major moving averages — EMA20 at 0.63, EMA50 at 0.64, EMA200 at 0.66. All sloping down.
Bounces are weak. Volume on the drop is heavy. RSI at 38 — still falling. The structure is clearly bearish.
I'm going short from here.
Entry: 0.622 – 0.624 SL: 0.635
🎯 TP1: 0.615 🎯 TP2: 0.6085 🎯 TP3: 0.598
Setup fails if price closes above 0.630 on the 15m.
When a breakdown is confirmed, the path of least resistance is down.