$TAO /USDT short trade signal 🚦 🛑
BEARISH SETUP: PRICE REJECTED FROM SUPPLY ZONE — DROP LOOMS AHEAD!
Price is showing clear rejection from the 444.50 - 444.90 resistance zone, forming multiple wicks and consolidation under this level. This indicates strong seller presence. A clean rejection candle confirms bearish pressure, hinting at a likely move downward toward the support region.
Trade Setup:
Short Entry: 440 - 441
Take Profit (TP): 431 / 426
Stop Loss (SL): 445
Market Outlook:
TAO is trading within a defined range, but the failed breakout and selling wick pressure signal an upcoming move toward lower demand zones. Volume decline during the retest further supports the bearish narrative. Risk management is crucial near volatile turning points.
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This is your signal. Tap in before the next breakout candle!
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