$TAO

🧱🧱 THERE’S A BIG DOUBLE TOP AT CHART – MARKET MIGHT DUMP 🪨🪨

📉📉The market is flashing red flags, and TAO is at the center of it.

🧨🧨A clear double top pattern has formed on the chart—a bearish signal that often marks the start of a trend reversal.

⛔⛔Unless bulls show up with serious strength, the market might be preparing for a TAO dump.💣💣

🕵️🕵️Price action has confirmed the second peak of the double top near the same resistance level where TAO previously struggled.

📏📏With weakening volume and a failure to break higher, the pattern suggests momentum is stalling.

⚠️⚠️Support zones are now in focus, and if price breaks below the neckline of this double top, the dump could accelerate quickly.📍📍

💼💼Even fundamentals can't stop short-term market structure from playing out.

🧠🧠TAO remains a strong project in terms of utility and long-term vision, but that doesn't shield it from technical corrections.

⛓️⛓️Buyers appear to be hesitating, and short-term holders are beginning to exit. This is often the beginning phase of a pullback.🔃🔃

📊📊Indicators are showing signs of exhaustion:

💤💤RSI is sloping down from overbought levels, and MACD has crossed into bearish territory.

🚫🚫Momentum is fading fast, and volume is shifting in favor of sellers.

💡💡Add to that a looming pattern break, and it’s clear the bears might soon take control.

📦📦Order book data reveals large sell walls just above current levels, indicating strong resistance.

🏚️🏚️Meanwhile, stop losses are likely building below support—a break there could lead to cascading sell pressure.

🧮🧮On-chain metrics show a slight rise in token transfers, hinting at profit-taking from recent highs.📤📤

⏳⏳Bottom line: TAO may be entering correction territory.

📉📉The double top is a reliable signal, and when combined with weakening momentum and cautious order flow, it paints a bearish picture.

💬💬Traders should tread carefully and watch for confirmation.