$TAO TAO LONGS GET WIPED OUT!
🔴 A massive **$99K** in long positions just got **liquidated** as TAO dropped to **$388.66**! Bulls got caught in a sharp correction, triggering a cascade of forced sell-offs that intensified the downside move.
🔮 **What’s Next for TAO?**
With this long liquidation event, the market could see continued selling pressure if key support levels don’t hold. However, if buyers step in aggressively, we might witness a quick reversal.
📊 **Key Levels to Watch:**
🔻 **Critical Support:** $380 - $385
🔺 **Resistance to Reclaim:** $395 - $400
📈 **Potential Scenarios:**
- If TAO breaks below **$380**, expect further downside toward **$370-$375**.
- A swift recovery above **$395** could signal strength and a push back toward **$405+.**
⚡ **Market is shaky—trade with caution!** ⚡
#TAO #CryptoUpdate #LiquidationData