$TAG TP1 completed, further downside potential ๐ป
The TAG short order has hit TP1m, a downtrend as expected ๐ฅ
For those who entered from the 0.0006350 โ 0.0006500 range, you are now profiting after hitting TP1 around 0.0006100. You can take partial profits, move your stop loss to the break-even point, or let the rest continue to reach further targets.
Looking back at the plan: Short trading plan for $TAG (10x)
Entry point: 0.0006350 โ 0.0006500
SL: 0.0006800
TP1: 0.0006100 โ
TP2: 0.0005700
TP3: 0.0005000
The price dropped quite sharply after being rejected at the resistance zone. With a token this low, the percentage volatility is very high. If the downward trend continues, TP2 and TP3 are completely within reach.
Have you taken profit on TP1 or are you holding to wait for further declines? Comment below! ๐