🔥 $TAO

USDT BEARISH BREAKDOWN – FURTHER SLIDE EXPECTED IF SUPPORT CRACKS

$TAO is trading at $324.96 (-2.90%), maintaining strong bearish momentum after rejecting from the recent supply zone. Price is consistently forming lower highs and lower lows, signaling weakness with immediate support being tested.

🔑 Key Levels:

Resistance: $336.40 – strong supply zone where previous bounce attempts failed.

Intermediate Resistance: $332.50

Support: $320.00 – if broken, next downside levels could be explored.

🎯 Trade Setup (Short):

Entry: $325 – $328 (on minor retest or pullback)

Targets: TP1: $322 | TP2: $320 | TP3: $316

Stop Loss: $330 (above recent rejection structure)

📊 Market Outlook: The structure remains bearish with sellers dominating. A breakdown below $320 may accelerate the downtrend towards $316 or lower. Only a sustained reclaim above $332.50-$336.40 will neutralize immediate bearish bias.

⚠️ Risk Management: Trade with strict position sizing. Avoid overleveraging; place stop losses with discipline to manage downside risk if price reverses unexpectedly.

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buy and trade here on $TAO