Professor_Michael
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Bearish
$TAO /USDT – STRONG BEARISH BREAK BELOW SUPPORT OPENS SHORT OPPORTUNITY
Market Outlook:
TAO/USDT has broken below a critical support zone around 222.78, confirming bearish pressure. The sharp rejection and sell-off suggest momentum favors the downside in the near term.
Key Levels:
Resistance: 227.79
Support: 212.43 (next major downside level)
Current Price: 221.12
Trade Setup – SHORT POSITION
Entry: 222.00 – 221.50
Target 1: 215.00
Target 2: 212.50
Final Target: 212.00
Stop Loss: 227.80
Short Market Outlook:
Repeated rejection from the highs and a clean breakdown below support point to a bearish continuation. Sellers are currently in control, and any weak bounce may offer re-entry chances to short.
Risk Management:
Use tight SL above resistance. Stick to 1-2% capital risk per trade. Trail stop as price approaches targets to lock in gains.
Stay focused and trade with discipline.
#VoteToListOnBinance
#BinanceAlphaAlert
#BSCMemeCoins
#CircleIPO
Market Outlook:
TAO/USDT has broken below a critical support zone around 222.78, confirming bearish pressure. The sharp rejection and sell-off suggest momentum favors the downside in the near term.
Key Levels:
Resistance: 227.79
Support: 212.43 (next major downside level)
Current Price: 221.12
Trade Setup – SHORT POSITION
Entry: 222.00 – 221.50
Target 1: 215.00
Target 2: 212.50
Final Target: 212.00
Stop Loss: 227.80
Short Market Outlook:
Repeated rejection from the highs and a clean breakdown below support point to a bearish continuation. Sellers are currently in control, and any weak bounce may offer re-entry chances to short.
Risk Management:
Use tight SL above resistance. Stick to 1-2% capital risk per trade. Trail stop as price approaches targets to lock in gains.
Stay focused and trade with discipline.
#VoteToListOnBinance
#BinanceAlphaAlert
#BSCMemeCoins
#CircleIPO
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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