TAO is holding in the upper half of the active range, and price action is still testing conviction on lower timeframes. Momentum remains soft with lower-timeframe pressure still active. Structure currently reads DOWN/SIDE/DOWN, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is LOW. Current RR is around 2.07. Chasing pressure is 0.07%.
📌 TAO | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 245.377 - 246.398
🛑 SL: 248.700
✅ TP1: 240.400
✅ TP2: 238.485
✅ TP3: 236.059
Why this setup?
- 4H is down; 1H not fully confirmed but does not break the bias.
- 15M squeeze while still below EMA20.
- MACD 1H is aligned bearish.
- MACD 15M confirms bearish momentum.
- RSI remains in a bearish regime.
📊 Bias Confidence: 57% | Execution Confidence: 75% | RR: 2.07 | Setup Quality: LOW
Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.
⚠️ Personal view only. Manage risk and position size before entry.