$TAO /USDT short trade signal 🚦 🛑
BEARISH SETUP: SELL PRESSURE GRIPPING FROM RESISTANCE ZONE!
Price has failed to sustain above the 465 resistance level and is now retreating after a rejection, indicating a potential short opportunity. The market is showing signs of weakness with lower highs forming near a supply zone, suggesting bears are gaining momentum.
Trade Setup:
Entry (Short): 458 – 461
Take Profit (TP): 445
Stop Loss (SL): 465
Market Outlook:
The rejection from the 465 resistance level with volume fading confirms a weakening bullish structure. If selling pressure continues, we may see a drop toward the 445 support area. Risk management is crucial as we trade into a volatile range.
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