$TAO /USDT short trade signal 🚦🛑
BEARISH BREAKDOWN – REJECTION AT SUPPLY ZONE SIGNALS FURTHER DOWNSIDE!
$TAO is currently trading around $377 after facing rejection near the $381.92–$385.58 supply zone. Price attempted to reclaim that resistance area but failed, forming lower highs and a bearish engulfing candle. The structure now leans toward further downside pressure as momentum fades.
Trade Setup (SHORT):
Entry: $378.50 – $381.50
Target 1: $370.00
Target 2: $364.87
Stop Loss: $385.80
Market Outlook:
The inability to break above the resistance coupled with consolidation below it hints at growing selling pressure. Volume is slightly declining, suggesting exhaustion from buyers. A breakdown below $377 may accelerate the move toward lower support levels.
Risk Management Tip:
Respect your stop loss above the resistance zone. Trail your SL to entry once $370 is hit for risk-free profit.
Don’t let this vertical breakout leave you behind — smart entries now can lead to explosive exits!
This is your moment — ride the bearish wave before it vanishes
buy and trade here on $TAO
