🔻 $TAO /USDT Short Trade Alert 🔻

📉 Current Price: $259.7 (-0.15%)

📊 Market Trend: Bearish rejection from $272, forming lower highs.

📉 Support Levels: $255 - $250

📈 Resistance Levels: $264 - $268

Trade Setup:

🎯 Targets:

✅ TP1: $255

✅ TP2: $250

✅ TP3: $245

🛑 Stop Loss: $265

Market Insight:

Price consolidating around $259, with a potential break lower.

A move below $258 confirms further downside potential.

Bearish pressure remains intact with resistance near $264.

🔥 Pro Tip:

Ideal short entry near $261 for the best risk-reward.

A breakdown below $258 will likely trigger increased selling pressure.

If price nears $255, adjust stop-loss to $262 to secure profits.

⚠️ Risk Management:

Stick to a 2:1 risk-reward ratio.

Exit the short position if the price reclaims $265.

🚨 Bearish Confirmation – SHORT POSITION ACTIVE!

#TheBitcoinAct #BinanceAlphaAlert #USStocksPlunge #MtGoxTransfers #ETHWhaleLiquidation