$TAO SUPPORT BREAK, trade invalidation explained.

The recent breakdown of key support has officially invalidated the previous trade setup.

This is an important reminder of why risk management is essential in every trade, no setup is guaranteed to play out.

What’s next?

$290 is a notable Fibonacci golden pocket zone, we could see a reaction here.

If that fails, the next major area of interest is around $230, which may act as stronger support.

Always have a plan for both scenarios and remember, preserving capital is just as important as making gains.