$TAO USDT BEARISH TURN AFTER SUPPLY HIT — SHORT OPPORTUNITY ACTIVE
After a rapid bullish recovery, $TAOUSDT tapped into the strong supply zone between $358–$359 and faced instant rejection. Price is now consolidating just below this resistance, indicating seller dominance and offering a textbook short setup. The failure to sustain above resistance confirms a likely move back to support.
Trade Setup: $ Short Trade Signal 🔴
Entry Point: 354.33
Stop Loss: 359.25
Take Profit: 345.41
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
Momentum has weakened after the sharp recovery. A bearish divergence is forming on lower timeframes, and price action is hinting at a lower high formation. If the $356–$358 region holds, expect a drop toward $345 key demand.
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