Although the price reached a new high, trading volume has significantly decreased, and the capital flow indicator is beginning to show outflows. This is a typical sign of momentum exhaustion, indicating increasing selling pressure and hesitation among buyers at high levels. If sellers remain active, it is very likely that the price will seek support at a key support level below, opening up a correction space.
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$TAG After a significant rally recently, momentum shows signs of weakening, and sellers seem to be entering the market.
Go short now $TAG
Entry: 0.0003860 – 0.0003885
Stop loss: 0.0003950
First target: 0.0003730
Second target: 0.0003540
Third target: 0.0003380
Although the price reached a new high, trading volume has significantly decreased, and the capital flow indicator is beginning to show outflows. This is a typical sign of momentum exhaustion, indicating increasing selling pressure and hesitation among buyers at high levels. If sellers remain active, it is very likely that the price will seek support at a key support level below, opening up a correction space.
Trade here $TAG 👇