๐ก $TAC USDT โ Cooling Off After Spike ๐ก
๐ Price: $0.00988 | +15.96%
Timeframe: 15m
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๐ Technical Breakdown:
Local High: $0.01038
Current Pullback: $0.00988 (after touching $0.01038)
RSI(6): 39 โ bearish shift, momentum cooling off
Trend: Lower highs & lower lows forming short-term
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โ ๏ธ What's Happening?
After a strong bullish push, price hit resistance around $0.01038 and has since pulled back steadily. The RSI falling below 40 signals weakening strength and possible further dip unless demand revives.
Candles are small-bodied, mixed colors โ suggesting indecision. No clear buyer dominance at the moment.
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๐ Bearish Bias โ Caution Zone:
Below MA(7) = short-term trend break
RSI < 40 = bearish momentum
No bullish engulfing candle = no reversal signal yet
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๐จ Possible Trade Levels:
Support: $0.00962 โ previous consolidation zone
Resistance: $0.01022 โ recent rejection area
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๐ Trade Ideas:
โ
Long Only If: Reclaim $0.01000 with volume and RSI bounce above 50
โ Avoid Chasing: Current setup weak โ better wait for structure or bounce
๐ฉ Scalpers: Possible bounce at $0.0096โ$0.0095 area
๐ฅ Short Bias if price stays under $0.00990 with decreasing volume
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๐ง Summary:
$TACUSDT is in cooling phase after a nice pump. RSI and price action suggest short-term weakness.
โ ๏ธ Avoid entering blindly โ wait for clear bounce or structure to form.
#TACUSDT #CryptoChart #PullbackPlay #BinanceAnalysis $TAC