$TAO /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN FROM RISING CHANNEL – DOWNSIDE MOMENTUM BUILDING FAST!
$TAO has officially broken below its rising channel support, signaling a potential trend reversal from bullish to bearish. The price failed to hold above the 382-384 resistance zone and is now showing strong rejection at the trendline. This breakdown indicates sellers are taking control, with momentum likely to push prices further down.
Trade Setup:
Entry (Short): $377 – $379
Take Profit (TP): $369 / $365
Stop Loss (SL): $384
Market Outlook:
The rising channel structure has been violated, and volume suggests increasing bearish pressure. If price sustains below the broken channel, we may see a further dip toward lower support levels. Traders should monitor for continuation candles to confirm strength of the breakdown.
Command: Catch the breakdown, ride the fall!
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buy and trade here on $TAO