๐จ $TAO /USDT BEARISH REVERSAL IMMINENT AFTER STRONG RALLY ๐จ
๐ Current Price: $419.4
๐ Trend: Losing momentum near key resistance after a 30% weekly surge. Caution advised for late bulls!
๐ KEY LEVELS
๐บ Resistance Levels:
โข $425 โ Intraday rejection zone
โข $440 โ Major resistance ahead
๐ป Support Levels:
โข $400 โ Psychological & structural support
โข $385 โ Previous breakout zone
โข $365 โ Strong daily support
๐งจ TRADE SETUP: SHORT ENTRY
๐ Entry Zone: $420 โ $424
๐ฏ Targets:
โข TP1: $400
โข TP2: $385
โข TP3: $365
๐ก๏ธ Stop-Loss: $431 (Above resistance wick)
โ ๏ธ RISK MANAGEMENT
๐ผ Risk only 1-2% of your capital.
๐ Always use stop-loss to protect your funds.
โณ Wait for clear rejection near resistance before entering.
๐ง Market showing signs of cooling down โ smart bears preparing for a potential drop! ๐ป
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