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Is it just me or does $TAC look like it's about to teleport?
I’ve been watching this climb from the 0.003 level and it just won't quit. We're up over 26% today alone and the daily candle is basically a giant green wall.
Usually I’d say this is overextended but look at that buy pressure in the order book. 64% bids vs 35% asks means people are chasing this hard. We just hit a high of 0.0167 and we're holding right near the top.
If we clear 0.017 with conviction there isn't much historical resistance left to stop it. On the flip side if the profit taking starts we need to see 0.012 hold as support or things could get ugly fast.
Keeping a close eye on the 15m chart for any signs of exhaustion. For now the trend is clearly your friend.
#EthereumFoundationUnstakes$48.9METH