$TAO /USDT short trade signal 🛑 🚦
BEARISH BREAKDOWN UNDERWAY! SELL NOW BEFORE IT DROPS FURTHER!
Immediate Market Explanation: The $TAO/USDT pair is under heavy bearish pressure, currently trading at $225.03. After failing to hold above key support, a breakdown below $225.00 could lead to further losses toward $220.00 and $216.38. Sellers are pushing the price lower, and the bearish trend is expected to continue.
Trade Setup:
Entry Price: $225.00
Take Profit (TP): $220.00 / $216.38
Stop Loss (SL): $228.00
Market Outlook: The market remains in a bearish phase, with downside potential as long as resistance at $225.00 holds. A further breakdown below this level will likely trigger more selling pressure. Watch for volume confirmation and manage your risk with a stop loss at $228.00.
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buy and trade here on $TAO