Twitter: @earnwithfarman
Market Outlook:
TAO has clearly rejected the resistance zone near $220.69, confirming bearish intent. Price is struggling to reclaim the supply zone, and momentum is shifting to the downside.
Trade Setup:
Entry Zone: $216.50 – $217.50
Target 1: $212.00
Final Target: $207.97
Stop Loss: $221.59
Technical Insight:
Bearish momentum is building, with sellers dominating below $218. A clean breakdown could trigger a sharp move to the downside. This is a high-probability short trade setup.
