$TAO š„ TRADE AND INVEST š„
Trade Setup: short ā
Entry (Short): $449.00
Take Profit: $438.00
Stop Loss: $454.50
Price has broken below the key support zone near $452 with strong bearish volume, confirming a rejection from the $462 supply area. The current price action shows continuation signs to the downside, and sellers are in control as TAO loses momentum above previous consolidation zones.
Market Outlook:
$TAO is facing downward pressure after a failed retest of the $462 zone. The breakdown below $452 opens the door for further downside, targeting the $438-$435 range. Volume confirms strength in the selloff, and risk is managed with a tight SL.
āļø Risk: Use proper risk management ā 3xā5x leverage recommended