TAG Rejects Key Resistance – Short Distribution
🔴 $TAG - SHORT
Trade Plan:
Current Price: ~$0.000951
Entry Zone: 0.00096 - 0.00100
SL: 0.00105
TP1: 0.00088
TP2: 0.00080
TP3: 0.00072
The chart shows TAG rejecting a key resistance zone inside the red Entry Zone with a bearish engulfing candle and expanding sell volume. Our Entry Zone at 0.00096-0.00100 captures the distribution area. The Stop Loss at 0.00105 sits above the recent high. Downside targets at TP1 $0.00088, TP2 $0.00080, and TP3 $0.00072 align with the next liquidity pools. This SHORT setup has high conviction because the volume climax on rejection and structure shift to lower highs signal distribution.
Will TAG continue dumping after losing this critical resistance?
Click below for trade 👇
DYOR & manage risk!
🔴 $TAG - SHORT
Trade Plan:
Current Price: ~$0.000951
Entry Zone: 0.00096 - 0.00100
SL: 0.00105
TP1: 0.00088
TP2: 0.00080
TP3: 0.00072
The chart shows TAG rejecting a key resistance zone inside the red Entry Zone with a bearish engulfing candle and expanding sell volume. Our Entry Zone at 0.00096-0.00100 captures the distribution area. The Stop Loss at 0.00105 sits above the recent high. Downside targets at TP1 $0.00088, TP2 $0.00080, and TP3 $0.00072 align with the next liquidity pools. This SHORT setup has high conviction because the volume climax on rejection and structure shift to lower highs signal distribution.
Will TAG continue dumping after losing this critical resistance?
Click below for trade 👇
DYOR & manage risk!