📉 $TAO /USDT – Short Trade Setup 🔴
$TAO continues to struggle at the $350–$353 resistance zone, showing multiple rejection signals near $348. Price action suggests sellers are actively defending this level, keeping the short-term outlook tilted bearish. A break below $347 could accelerate downside momentum toward the $338–$340 support area.
🔹 Trade Plan
Entry: $348 – $350
Stop Loss: $357
Take Profit: $340 → $338
Margin Allocation: 2–3% of wallet
Leverage: 10x
📊 Market Outlook
Sellers are dominating near resistance, and sustained rejection below $353 keeps this short trade setup valid. Downside targets remain focused on the $340 zone, where key support lies.
⚠️ Disclaimer: This is my personal analysis, not financial advice. Always manage risk and do your own research before trading.
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