$TAO /USDT short trade signal 🚦 🛑
BEARISH BREAKDOWN IN PLAY — RETEST REJECTED, DROP LIKELY
Price is clearly rejecting the broken support-turned-resistance near the $435–$436 zone, confirming a bearish retest structure. The recent lower high formation, followed by rejections, supports a further downside move. Sellers are taking control after failing to reclaim key consolidation levels.
Trade Setup (Short):
Entry: $434.50 – $435.50
Take Profit (TP): $429.00
Stop Loss (SL): $437.00
Market Outlook:
Momentum is shifting in favor of the bears as price fails to sustain above former support levels. If the rejection holds, expect a smooth push toward the next liquidity pool around $429. Maintain tight risk control as volatility increases on breakdowns.
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