$TAO

USDT BEARISH PRESSURE BUILDING – WILL THE FLOOR BREAK?

$TAOUSDT is trading at $326.02, facing continuous selling pressure after rejecting near the major resistance at $364. The price is now hovering just above key intraday support levels.

🔑 Key Levels:

Resistance: $364 – strong supply zone where previous rejection occurred

Support: $320 – critical demand zone; break below may accelerate downside

Current Price: $326.02

📉 Trade Setup (Short):

Entry Zone: $328 – $332

Targets (TP):

TP1: $320

TP2: $316

Stop Loss (SL): $336.50

💡 Market Outlook:

Momentum remains bearish with lower highs forming consistently. If sellers maintain control below $332, a test of $320-$316 is highly probable. Bulls need to reclaim and hold above $336 to neutralize this downtrend.

⚠️ Risk Management:

Trade with a strict stop loss. Use only 1-2% of your capital risk per trade to manage losses effectively in case of unexpected reversals.

💬 Comment “💥” if you caught this move or are watching for the next entry!

#TAO #CryptoAnalysis #ShortTrade #BearishSetup #RiskManagement

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