$TAO /USDT
BEARISH REJECTION FROM SUPPLY ZONE – TIME TO SHORT!
Price faced rejection near the $365 resistance zone after a strong bullish rally, indicating a potential exhaustion of buying pressure. This area has now acted as a supply zone, and the current candle setup shows signs of weakness with a likely reversal.
Trade Setup:
Short Entry: $363 – $365
Take Profit (TP): $345
Stop Loss (SL): $367
Market Outlook:
Momentum is fading near the upper resistance, and unless bulls reclaim higher levels, the pair is set for a downward correction toward previous support. The risk-reward is favorable for short setups here.
Command: “Exhaustion visible—go short and follow the momentum shift downward!”
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buy and trade here on$TAO