$TAO /USDT short trade signal 🚦 🛑
BEARISH REVERSAL AFTER REJECTION FROM SUPPLY ZONE!
TAO faced a sharp rejection near the $362 zone after a strong upward impulse, confirming the presence of heavy supply. Price has now broken back below the immediate support zone, hinting at a potential downward continuation towards the next key support.
Trade Setup:
Short Entry: $356 - $361
Take Profit (TP): $345
Stop Loss (SL): $362
Market Outlook:
Momentum has shifted in favor of sellers as the price forms a lower high and fails to sustain above the resistance. A clean breakdown below $356 could accelerate the drop. Traders should watch for a 4H close below support for added confirmation.
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