$TAO USDT – DOWNTREND GRINDS LOWER! SHORT TRADE SIGNAL
STRUGGLING BELOW ALL MAs
NO SIGN OF BULLISH REVERSAL AS SELLING PRESSURE PERSISTS
$TAO continues its decline from the $351 high, now flirting with fresh lows at $319.7. The price is firmly below the 7, 25, and 99-period moving averages, confirming strong bearish momentum with no immediate support reclaim.
Short Entry: 320.5
Targets:
TP1: 312.0
TP2: 305.0
Stop Loss: 328.0
As long as price remains below $330, the trend favors sellers. Breakdown confirmation comes on a move below $319.7.
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