🚨 $TAG /USDT Alert: Potential Reversal Setup with Trade Forecast! 🚀
$TAG USDT is trading at 0.0005464 USDT, down -9.33% in the last 24 hours after touching a low near 0.0004277. The daily candlestick chart shows a strong bearish trend with consecutive red candles, but signs of exhaustion are emerging: price is approaching strong Bollinger Band lower support around 0.0004108-0.0004277, and a potential hammer/doji formation could signal a bounce.
Key Indicators Pointing to Upside:
RSI(14) at ~52.7 (neutral, rising from oversold territory)
Stochastic %K ~51.9 (crossing up, bullish momentum building)
L.S Ratio 0.81 with Shorts at 55.26% – shorts dominating but accumulation bars showing green buying pressure
Volume spiking on downside but fading – classic capitulation sign
This looks like a prime spot for a short-term long reversal. Don't miss the potential pump!
Trade Forecast (Spot/Futures Long):
Entry: Now or on bounce above 0.0005464
Take Profit: 0.0006211 (Upper Bollinger) / 0.0006600 (24h High target) – Potential +14-20%
Stop Loss: 0.0004108 (Below lower BB) – Tight risk
High volume (over 451B in recent bars) and sentiment at 49.25% buy vs 50.75% sell – bulls ready to flip it!
Trade $TAG /USDT Now on Binance! Follow & turn 🔔 on for more signals ✅
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