
$TAG is entering a key support pocket after an 11% decline from recent highs.
Trading Plan Long $TAG
Entry: 0.001335 – 0.001337
SL: 0.001330
TP1: 0.001345
TP2: 0.001358
TP3: 0.001380
The asset has dropped from 0.00151 to 0.0013359 — an 11% decline. The RSI reading at 14 suggests the asset is oversold. Volume is moderate but beginning to taper off, suggesting that sellers are losing conviction. The 4-hour chart shows a steady decline, but the momentum is slowing significantly. This region has historically attracted buyers, and support levels tend to hold until there's a significant shift in market structure. If buyers defend this level, we could see a move toward 0.001345 and then 0.001358. The stop is placed tight at 0.001330, while TP3 at 0.001380 targets a 3% upside from entry.
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