$TAO /USDT short trade signal 🚦🛑
BEARISH SETUP — PRICE FACING STRONG REJECTION FROM SUPPLY ZONE 🔻
TAO is currently trading at $419.97, and price has been rejected sharply from the $423.72 resistance zone, confirming bearish pressure. The recent attempt to break above this resistance was invalidated, triggering a sell-off with lower highs and rising volume on red candles. A continuation toward the lower support is likely.
Trade Setup (Short):
Entry: $420.50 – $423.00
Take Profit (TP): $413.00
Stop Loss (SL): $424.60
Market Outlook:
The structure remains bearish under the $423.72 resistance. If price fails to reclaim this level, bears may push it further toward the $413.00 support zone. Watch for breakdown volume confirmation for continuation.
Risk Management:
Use 2–3% of your capital per trade and place SL above the resistance to protect against false breakouts.
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This is your signal. Tap in before the next breakout candle!
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This is your moment — ride the bullish wave before it vanishes
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