$TA – Rally running into resistance, momentum fading
Trading Plan: Short $TA
Entry: 0.052 – 0.055
SL: 0.058
TP1: 0.048
TP2: 0.044
TP3: 0.040
The recent bounce pushed price higher, but strength is starting to fade as it approaches this resistance zone. Buyers managed to extend the move, yet the follow-through is weakening and the price action is becoming increasingly choppy.
Instead of showing clean continuation, the structure suggests hesitation and slowing momentum. When rallies begin to stall like this, it often signals exhaustion, increasing the probability of a pullback as sellers look to regain control.
TAUSDT
Perp
0.04179
-3.90%