Strategic Short: $TAC Momentum Exhaustion at Critical Resistance
The Trade Plan (Short):
Entry Zone: 0.0140 – 0.0145
Stop Loss: 0.0150
Target 1 (TP1): 0.0132
Target 2 (TP2): 0.0127
After a significant bullish run, TAC is encountering heavy supply at the $0.0147 level. The price action is printing clear rejection wicks, signaling that buyer exhaustion has set in and sellers are beginning to reclaim the narrative. We are positioning for a strategic mean-reversion move as the market seeks to rebalance toward lower liquidity pools.
Execution Insight: The risk-to-reward ratio here is highly favorable, provided the $0.0150 ceiling holds. Watch for a break in the lower-timeframe structure to confirm that the distribution phase is complete before entering full size.
Is this the local top for $TAC, or do you expect the bulls to make one more run at the resistance?
Trade $TAC here
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