$TAO /USDT short trade signal 🚦🛑
BEARISH REJECTION FROM RESISTANCE ZONE – SHORT SETUP INITIATED!
Price action shows $TAO rejected strongly from the 424–425 resistance zone after a sharp push upward. Despite the bullish impulse, multiple rejections at this zone followed by bearish wicks signal weakness. Sellers have stepped in, confirming this level as a short-term top for now.
Trade Setup (Short):
Entry: 420 – 422
Take Profit: 410
Stop Loss: 425.5
Market Outlook:
As volume tapers off near resistance and the candle structure prints lower highs, TAO is poised for a corrective move back toward the support near 410. A break below that could open further downside. Ideal setup for short scalpers with defined risk.
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