$TAO /USDT SHORT TRADE SIGNAL
REJECTION FROM $359.8 SWING HIGH
BEARISH MOMENTUM CONFIRMED WITH LOWER HIGH STRUCTURE
FAILED TO HOLD ABOVE $348 SUPPORT TURNED RESISTANCE
TAO/USDT has reversed sharply from the recent peak at $359.8 and dropped to a low of $330.4. The current price at $341.2 shows a weak recovery, indicating the potential for another leg down if the $335 zone breaks.
Trade Setup:
• Entry Point: $341 – $344
• Stop Loss: $351
• Take Profit:
• TP1: $334
• TP2: $326
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
TAO is trading within a bearish continuation structure after a failed breakout. Sustained pressure below $344 may lead to further losses in the near term.
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