Position: $TAG -21.22%, floating loss of $210. Yesterday I chased at 0.00125, now it’s directly brought down to 0.0010, this shakeout tactic is a bit dirty.

【Trading Plan】 TAG at 0.0010 is a key psychological support level, with 24-hour trading volume of 7.7M indicating sufficient turnover, but no volume-based reversal signal yet. Currently two strategies:
Scenario 1: If 0.0010 holds, and a 15-minute bullish candle appears within 30 minutes, I plan to add to my position by 0.5x (total position 1.5x), with a stop loss at 0.00095 (-5%), and take profit at 0.00115 (61.8% retracement of the 24h high of 0.0013). Once reached, reduce half of the position, and protect the remaining.
Scenario 2: If 0.0010 breaks directly and the 15-minute close is below 0.00098, I will cut the current position and not hold the order. This sharp decline without rebound is likely to continue probing lower, with the next support around 0.00085, where I will consider re-entering.
【Trading Reminder】 Currently, there is a clear divergence between bulls and bears. Shorting has a higher win rate but limited space, while going long risks more shakeouts. I personally prefer to wait for confirmation of a rebound signal before acting, but if your position is light and you want to bet on a reversal, you must set a stop loss.
Results will be updated in the comment section.