Sell trading signal on price $TAO /USDT

Bearish collapse - strong market breakout!

The price of Tao has significantly decreased, losing over 9% during the day, breaking through the support level at $387. Bears have taken control of the price after rejecting the resistance level at $430, and the current selling pressure is pushing the price towards deeper support levels.

🔹 Trading setup (Sell):

Entry price: $379 - $387

Take profit price: $365 / $354 / $340

Stop loss price: $398

📉 Market outlook:

Sellers are dominating the market, as Tao fails to hold above the key moving averages. The next support level is at $354, and any drop below that could lead to further declines towards $340. A short-term rebound may occur, but the trend remains bearish unless the price rises above $398.

⚠️ Risk management:

Use tight stop-loss orders and control position size. Avoid over-leveraging in high volatility areas.

📣 Join the market momentum - make your entry strategic and timely before the next big surge!

💬 Don't let this collapse pass without taking advantage of it - enter smartly, and exit wealthy!$TAO