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$TAG Signal】Short position + Pump and dump pattern
$TAG experienced a rapid pullback after a volume surge on the 4H timeframe, with the price being suppressed below the midpoint of the previous breakout bullish candle, showing typical pump and dump characteristics.
🎯 Direction: Short
Market logic: 1) Price action: The 4H candlestick shows a “long upper shadow + consecutive downward decline” pattern, with the last 4H candle closing at a low point, indicating exhaustion of bullish momentum. 2) Divergence in data: When the price surged to 0.0003319, the buy/sell ratio was only 0.47, indicatin