Rejection from local highs signals potential short term distribution after momentum exhaustion $TAG

Price expanded aggressively into $0.000397 and immediately printed rejection wicks followed by consecutive red candles. The 1H structure shows a potential lower high forming near range resistance.

Trade Plan

Entry $0.000372 to $0.000382

Stop Loss $0.000402

TP1 $0.000350

TP2 $0.000330

TP3 $0.000305

Buy and Trade $TAG

TAGBSC
TAGUSDT
0.0003739
+12.41%