Once again $TAG shows a strong rejection… sellers are not allowing any sustained recovery and the downside pressure continues.
#TAG failed to reclaim the key resistance zone near the recent highs, and as a result price is correcting lower. The rejection from the 0.0003356 area confirms that bears are still active in the market.
That said, the long wicks and reactions around the 0.0002890 – 0.0002722 support zone suggest buyers are watching closely. This may not be the final move down yet, but the market is clearly entering an area where buy-the-dip opportunities could start forming, especially if selling momentum begins to slow near the 0.0002592 low.
For now:
– Trend: Short-term bearish
– Structure: Rejection from resistance
– Focus: Patience and waiting for confirmation before heavy longs
Market is resetting ... stay alert for the next high-probability entry before the next up-only phase.
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