$TAO USDT BEARISH BREAKDOWN – SHORT POSITION ACTIVATED
$TAO USDT has failed to reclaim the 363.0 resistance level and is now forming lower highs with weakening bullish momentum. The price is hovering just above the key support of 348.3, and a breakdown from this level may trigger a deeper correction.
SHORT ENTRY: Below 348.0 (after a strong breakdown)
TARGETS:
TP1: 336.0
TP2: 322.5
TP3: 308.0
STOP LOSS: 365.0 (above recent resistance zone)
RISK MANAGEMENT: Use proper position sizing and risk only 1-2% of your capital. Wait for a clear breakdown candle below support for confirmation. Avoid chasing the trade.
#BinanceHODLerPROVE #BinanceHODLerTOWNS #BTCReserveStrategy #MarketRebound #FedGovernorVacancy $TAO