🚨 $TAG Dump Warning: Technical Breakdown 📉
The market for Tagger (TAG) is currently showing signs of a "Bull Trap." While the price pushed toward the $0.00032 level, technical indicators reveal a different story. The recent 6% pump lacks strong volume support, making it a prime candidate for a reversal in the next 2 to 3 hours. 🕒
📉 Why it's Bearish:
Resistance Rejection: TAG is struggling to break the $0.00036-$0.00040 zone, which has acted as heavy structural resistance.
Volume Exhaustion: The buying pressure is fading on shorter timeframes (1H/4H), signaling that whales may be preparing to exit.
Trend Alignment: Despite the small bounce, the 7-day trend remains firmly bearish (-11.23%). The path of least resistance is DOWN. 🚩
📉 My Strategy Prediction
Entry Points 👉 0.000036 - 0.000400 (DCA into Shorts)
TP 1. 0.00034
TP 2. 0.00030
TP 3. 0.00025 (Major Support)
STOP-LOSS 🚩 0.000430
💡 Community Insight
Q: Next big move? 1. Mega Pump 🚀
2. Big Dump 📉
3. Sideways ↔️
A: Based on the RSI divergence and resistance levels, a Big Dump is the most logical outcome. Always manage your risk! 💸
#tag #USRetailSalesMissForecast #USNFPBlowout #USTechFundFlows #WhaleDeRiskETH $TAG
