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🎯 4.1x Unusual Buying Volume on $TAC , what's behind this move?
- With this volume anomaly and persistent buying, I expect price to RISE, likely retesting 0.023659 and potentially breaking toward 0.026000 if momentum continues 📈
- A good long setup would be:
- Entry: On a pullback to the 0.021583–0.021363 FVG zone, or after a clear bullish confirmation above 0.022697
- Take Profit 1: 0.023659 (recent swing high)
- Take Profit 2: 0.026000 (next psychological and technical resistance)
- Stop-loss: Place below the swing low of the confirmation candle or under the lower end of the FVG to avoid getting wicked out
- Example confirmation: Wait for a bullish engulfing candle, a clear rejection wick from the FVG area, or a lower timeframe double bottom. Entry only after you see price hold and bounce convincingly from your chosen level!
- If price breaks down below 0.021363 with strong bearish momentum, my bullish bias would be invalidated and I would wait for stabilization at lower supports before considering longs again.