$TAC ❄️ 2.9x Unusual Selling Volume on
$TAC , what just happened?
- Given the magnitude of the volume anomaly, the aggressive rejection above the most recent swing high, and the confirmation from all momentum indicators, I expect further downside movement toward the 0.055818 support area, possibly even 0.053590 if selling accelerates.
- The event looks more like smart money distribution with a clear liquidity sweep above the swing high at 0.065685, followed by rapid selling and stop loss triggering. This is not just retail panic — it’s orchestrated distribution.
- The best trade setup: If price retests the broken structure or imbalance zone (0.060357–0.064147) and shows a clear rejection or bearish pattern on lower timeframes, a short entry can be considered. Example: If price bounces to 0.060357 with a weak, indecisive candle and then prints a 1m or 5m bearish engulfing, that would be a solid confirmation to enter short.
- Take profit at 0.058544 first, then trail down to 0.055818 and 0.053590 depending on how the price action develops.
- Stop-loss should be placed above the most recent swing high on the lower timeframe retrace, or at a logical structure high where your trade idea breaks down.
- If price quickly reclaims 0.064147 with strong bullish candles and closes above it, my bias flips to neutral/bullish, as this would suggest absorption and possible trap for late shorts.
📝 This is not investment advice, just an educational report. Please use proper risk management and wait for clear confirmations before making any trade decisions.
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