$TAO /USDT – Time to Catch the Drop?
Current Price: $465.4 (+11.69%)
After a parabolic spike, TAO is flashing clear signs of exhaustion. Price stalled near $475.7, and those rejection wicks? They’re not lying.
What’s Going On?
Rally is looking stretched
Lower highs + rejection candles = bearish pressure
Volume fading = bulls losing steam
Short Setup Locked In:
Entry Zone: $464 – $468
Targets:
TP1: $455
TP2: $444
TP3: $431
Stop Loss: $476.5 – keep it tight, this move could snap quick!
Pro Tip:
Parabolic runs often snap back hard. A 30–50% retrace isn’t rare—trail your stop and ride the drop.
Momentum is fading fast… this could be a textbook reversal scalp.
Stay sharp—$TAO might give us that sweet pullback play. Don’t chase the top, catch the turn.
TAO
229.7
-0.90%
