$TAO #TAO Long Liquidation: $75.8K Erased at $239.63!**
A **major long position just got liquidated**, with **$75.8K wiped out** at **$239.63**! This signals a potential **shift in momentum**, as leveraged traders face the heat.
🔻 **Further Drop?** If selling pressure persists, TAO could test **$235-$238**, where demand may attempt to stabilize.
🟢 **Bounce Play?** If bulls absorb this dip, a recovery toward **$245-$250** is possible, especially if fresh liquidity enters the market.
🎯 **Trading Plan:**
- **Break below $238?** Expect more downside pressure.
- **Reclaim $242?** Could trigger a relief rally.
Market dynamics are shifting—**trade wisely and manage risk!**