$TAO USDT – REJECTION AT $432, BEARS PUSHING BACK STRONG

LOWER HIGH CONFIRMED

WICK REJECTION WITH FADE IN MOMENTUM

$TAO USDT failed to hold above $430 after spiking to $432.2. The sharp upper wick and current red candle reflect selling pressure at the top. Volume has also faded after the bullish move, suggesting momentum is cooling down and a pullback is likely.

Trade Setup

Short Entry: 420.8

Target: 406.0

Stop Loss: 431.5

If price breaks below $409 support, further downside could follow. Bulls must reclaim $432 to regain control.

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