$TAO Long Liquidation Alert!
A massive $5,955.6 in long positions just got liquidated at $455.91, shaking the market! This signals strong selling pressure and potential further downside.
Key Insights $TAO :
Liquidations like this often trigger more volatility, as weak hands exit.
If $455 fails as support, the next key level to watch is $440.
A bounce is possible if buyers step in, but confirmation is needed before going long.
What’s Next $TAO ?
For Bulls: Wait for a clear reversal with strong buying volume before entering.
❌ For Bears: If the price struggles to reclaim $460-$470, shorting on resistance retests could be an opportunity.
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