$TAO /USDT – Short Trade Signal Alert! 🚨
Current Price: $215.1 (-0.23%)
24H Range: $167.8 – $217
Quick Snapshot:
After a strong pump from sub-$190 levels, $TAO is stalling at resistance near $218. Early signs of exhaustion are visible with a possible lower high formation.
Key Levels:
• Resistance: $218.00 / $221.50
• Support: $208.00 / $200.00
Trade Setup – Short Bias:
• Entry Zone: $215.00 – $217.50
• Targets:
• TP1: $208.00
• TP2: $202.00
• TP3: $195.00
• Stop Loss: $221.80
Market Insight:
Volume is starting to taper as the price grinds into resistance. Sellers may step in to take profits after a parabolic move.
Pro Tip:
Wait for a bearish engulfing candle on 15M or RSI divergence confirmation before entering. Trail stop aggressively after TP1.
Layer 1 hype may fade – perfect window for a clean short scalp!
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