Boom! $TAO Just Liquidated $1.33K in Shorts at $446.2 — Bears Got Burned!
The bulls just made a statement with a sharp liquidation spike at $446.2, wiping out weak-handed shorts and sending a strong reversal signal. Momentum is shifting fast — and here’s the full breakdown for the next possible move:
Current Market Pulse:
Liquidation Flash: $1.33K short positions wiped at $446.2
Volatility Surge incoming — possible breakout or fakeout trap?
$TAO Technical Analysis – Trade Setup (1H / 4H Chart Focus)
Buy Zone:
$440 – $455
(Accumulate in this range as long as it holds above $438)
Target Zones:
Target 1: $472 – Quick move possible if liquidity grabs continue
Target 2: $489 – Key resistance, breakout here flips to bullish continuation
Target 3 (Max): $512 – If volume explodes and market sentiment flips risk-on
Stop-Loss:
Conservative: $435
Aggressive: $428 (in case of wicks, but only if you're scalping)
Why This Setup Matters:
Short liquidations often lead to price rebounds or short squeezes.
Price now sitting near a liquidity vacuum — low resistance up to $470+.
Watch for volume spikes and RSI divergence — could trigger parabolic move.
Pro Tip: Wait for a small dip into $445-$448 range with low selling volume to enter safely.
$TAO is cooking something big. Shorts got fried — now it's time to ride the wave or get swept by it. Choose wisely.
