How to make text indent around tags

[eighteentee]

Hi all,

Just wondering about something. I'm a neat-freak and like the way various other code editors handle HTML wrapping text and indenting around pairs of tags. (See attached image).

Can I make TextMate emulate, say, Coda in this respect? In the attached image Coda on the left automatically formats code quite neatly while on the right, TextMate formats the code by simply indenting the first line.