Trade pan in $TAO ‼️‼️
If you want to invest in $TAO right now‼️‼️
Follow this and inform me later✌🏼✌🏼
Trade Plan for Shorting:
• Ideal Short Entry: If TAO gets rejected near 260-265 and starts forming red candles with lower highs.
• Stop-Loss: Above 272 (recent high) to protect against a breakout.
• Take Profit Levels:
• First TP: Around 244 (MA7 support).
• Second TP: Around 230-220 if selling pressure increases.
Final Verdict:
Yes, you can short, but only if TAO shows signs of rejection at resistance. Watch for confirmation before entering, and manage risk with a stop-loss above 272.