$TAO /USDT short trade signal 🚦 🛑
BEARISH REVERSAL EXPECTED FROM SUPPLY ZONE!
Price has reached a strong resistance area around $379 where previous rejections have occurred. The recent move shows a clear lower high formation, indicating a potential reversal. A rejection at this level suggests that sellers are regaining control, making it a prime area for a short setup.
Trade Setup:
Short Entry: $372 - $378
Take Profit (TP): $360
Stop Loss (SL): $380
Market Outlook:
$TAO is showing signs of bearish momentum after testing a key supply zone. Volume confirms weakening buying interest. As long as the price stays below $380, bearish pressure is expected to push the pair lower. A clean break below $368 may accelerate downside movement.
Pro Tip: Confirm the rejection with a bearish candle before entering the short position.
#CryptoTrading #TAOUSDT #BearishSetup #PriceAction #TradingSignals
buy and trade here on $TAO