$TAO/USDT Short Trade Setup: Bearish Momentum Strengthening! 🔥🚨
$TAO/USDT is under selling pressure after rejecting the $280 level. The formation of lower highs and rising selling volume indicate a potential move toward key support levels.
Trade Setup:
Entry: $268.9
Take Profit (TP): $260
Stop Loss (SL): $275
Market Insight:
The inability to recover and the continued formation of lower highs suggest a sustained downtrend. Keep an eye on volume spikes and increasing bearish pressure for further confirmation.
