Tagger [TAG] surges 14%, hits 2 month high after whale accumulation – What’s next?

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Tagger [TAG] surged 13.98% to reach a two-month high of $0.00149 after four whales accumulated over 15 billion tokens. Exchange supply dropped 77% as more than $7.2 million in TAG left exchanges between July 27 and 31, reducing selling pressure. Trading volume surged 141% to $11.75 million while derivatives volume jumped 370% to $39 million, indicating increased market participation. Open interest rose 14.3% to $23 million with a long/short ratio above 1, suggesting slight bullish positioning. TAG could reclaim $0.0014 before targeting $0.00158 resistance, with support at $0.0011 if momentum fades.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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