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Man, I’ve been staring at this $TAC
chart for an hour wondering if it’s actually going to respect any laws of physics today.
The way it just sliced through that previous consolidation around 0.013 is wild. We are officially in "price discovery" mode now. Usually, when you see a vertical moonshot like this on a daily basis, the first instinct is to short the blow-off top, but look at that volume bar. It’s not dying down yet.
The 0.028 level acted as a temporary ceiling, and we're seeing a tiny bit of profit-taking right now. If it holds above 0.024 on this retest, we might just see another leg up to 0.035.
I’m staying cautious though. Buying the literal top of a vertical line is a great way to become someone else's exit liquidity. I’ll wait for a proper consolidation or a deeper dip toward 0.021 before even thinking about a fresh entry.
What's the plan here? FOMO in or wait for the inevitable mean reversion?
#WCTCTradingKingPK