$TAO
/USDT SHORT TRADE SIGNAL🔴
SUPPLY ZONE REJECTION NEAR $340
WEAK RETEST OF BROKEN STRUCTURE
4H CHART SHOWS LOWER HIGH FORMATION
$TAO has climbed back into a prior resistance zone around $340–$346 but is showing signs of rejection. The price is stalling just below this level, hinting at a likely continuation of the broader downtrend toward the demand zone near $296.
🔻Trade Setup:
• Entry Point: $329 – $340
• Stop Loss: $346.4
• Take Profit: $310.0 / $296.7
• Margin: 2–3% of wallet
• Leverage: 10x
📉Market Outlook:
TAO is struggling to reclaim key resistance and remains vulnerable to further downside. If sellers maintain pressure below $340, a revisit of $300 support is on the table.
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