$TAG Pushing into the Resistance Zone, Short with Discipline
Short TAG Trading Plan (10x)
👉Entry: 0.0006350 – 0.0006500
SL: 0.0006800
TP1: 0.0006100
TP2: 0.0005700
TP3: 0.0005000
TAG is pushing up to the 0.0006350 – 0.0006500 zone after a pullback from below. But don't get your hopes up, this zone is showing quite clear resistance. The current movement looks sluggish, volume isn't explosive, and the overall structure still leans towards sellers.
Stop loss is placed at 0.0006800, a fairly clean level, above the resistance zone. If it gets swept, no regrets. If the price is rejected here, the targets 0.0006100 → 0.0005700 → 0.0005000 are entirely feasible.
The price is very small, with extremely large percentage volatility. The distance from entry to stop loss is quite wide (~4.6-7%). Divide your capital and manage risk well. The targets are far apart, so be patient and take profits gradually.