$TAO /USDT – Spot Short Trade Setup

TAO has shown rejection near 369+ zone with a potential double-top formation. The last two 30m candles reflect weakening bullish momentum and a possible shift into a downtrend. This setup offers a high-probability short entry near key resistance.

Entry Price: 366.00

Target 1: 360.00

Target 2: 356.00

Target 3: 353.50

Stop Loss: 369.56

Risk Management Tip:

Enter only with proper position sizing. Use a stop-loss strictly above the rejection wick. If the price drops quickly to the first target, trail the stop-loss to breakeven or secure partial gains.

Pro Tip for Followers:

Focus on candle behavior near resistance zones. Sharp rejections followed by lower closes often signal trend reversals. Be timely and precise — good entries make strong trades!

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