🔻 $TAO /USDT Short Trade Alert 🔻
📉 Current Price: $259.0 (-0.65%)
📊 Market Trend: Bearish rejection from $272, forming lower highs.
📉 Support Levels: $255 - $250
📈 Resistance Levels: $264 - $268
Trade Setup:
🎯 Targets:
✅ TP1: $255
✅ TP2: $250
✅ TP3: $245
🛑 Stop Loss: $265
Market Insight:
Downtrend continuation from $272, presenting a potential short opportunity.
A break below $259 could trigger increased selling pressure.
Bearish structure remains intact with strong resistance at $264.
🔥 Pro Tip:
Optimal short entry near $261 for the best risk-reward ratio.
A break below $258 confirms further bearish momentum.
Adjust stop-loss to $262 if the price nears $255 to lock in profits.
⚠️ Risk Management:
Maintain a 2:1 risk-reward ratio.
Exit the short position if price reclaims $265.
🚨 Bearish Confirmation – SHORT POSITION ACTIVE!
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