🚨 $TAO /USDT – Short Sellers Wrecked!
💥 Short Position Squeeze: $3,633.7 at $363.37
💰 Current Price: $366.20
📈 24H High: $371.85
📉 24H Low: $349.10
📊 Market Structure:
$TAO just triggered a short squeeze at $363, clearing out over $3.6K in bearish bets.
The move has fueled upward momentum, pushing price toward the $370 resistance zone.
📌 Trade Setup (Long Opportunity):
• Entry Zone: $364 – $367
• TP1: $373
• TP2: $380
• TP3: $392
• Stop Loss: $359
🔥 Why This Trade Matters:
With short pressure cleared, bulls are in position to drive further gains.
A confirmed break above $372 could spark rapid upside.
💡 Pro Tip: Watch for a strong 1H close above $370—volume confirmation is key for continuation.