$TAO /USDT short trade signal 🚦🛑
SHORT TRADE SIGNAL – BEARISH BREAKDOWN BELOW SUPPORT!
$TAO has broken below the key support zone near $410 on the 30-minute chart, confirming a bearish structure. Price is now retesting the previous support as resistance, with high volume on the breakdown candle — indicating strong selling pressure.
Trade Setup (SHORT):
Entry: $407 – $409
Target 1: $403.13
Target 2: $397.00
Stop Loss: $417.88
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Why Short?
The price structure has shifted from consolidation to breakdown with consecutive lower highs. The retest and rejection of broken support, combined with a spike in red volume, suggests further downside potential. As long as $417.88 holds, bears remain in control.
Risk Management Tip:
Use a tight SL above the retest wick to avoid fakeouts. Partial profit near first support is advised; trail your stop if price nears TP2.
Don’t let this breakdown fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
buy and trade here on $TAO