Deep Dive
1. Technical Pullback (Bearish Impact)
Overview: TAC’s price declined sharply despite a neutral 14-day RSI of 57.62. The more sensitive 7-day RSI reading of 68.96, however, indicates the asset was approaching overbought territory (typically 70+), which often precedes a short-term correction.
What this means: After recent strength, some traders likely took profits, triggering selling pressure. The drop was amplified by thin liquidity, as 24-hour volume fell 33.6% to just over $2 million, making the price more susceptible to larger swings on modest trades. This is a typical market behavior where assets retreat to gather support before attempting another move.
What to look out for: Watch if the price stabilizes above the key 38.2% Fibonacci retracement level at $0.0048358, which would suggest the pullback is contained.
2. Broad Risk-Off Sentiment (Bearish Impact)
Overview: The wider crypto market is in a defensive posture. The CMC Fear & Greed Index is at 34 (“Fear”), and the Altcoin Season Index fell 9.68% in 24h to 28, indicating capital is rotating out of altcoins and likely into Bitcoin or stablecoins.
What this means: TAC, as a smaller-cap altcoin within the TON ecosystem, is particularly sensitive to these macro rotations. When overall sentiment sours and the altcoin season momentum fades, tokens like TAC often experience outsized selling as traders reduce risk exposure. This environment outweighs any older positive news, such as the mainnet launch from July 2025.
What to look out for: Monitor the Altcoin Season Index for a sustained rise above 50, which would signal a return of risk appetite and potential support for alts.
Conclusion
TAC’s sharp decline is primarily a technical correction within a broader risk-off environment, where low liquidity magnified the move. For holders, this highlights the volatility inherent in emerging ecosystem tokens during periods of market uncertainty.
Key watch: Can TAC hold above its 30-day moving average ($0.0044229) to prevent a deeper slide toward its 90-day trend?