$TAO /USDT – Downtrend Signal Activated After Rejection From $217.9
🔻 TAO has started to cool off after a strong rally, dropping from the 24h high of $217.9 to $206.3, showing early signs of a short-term bearish reversal. The price structure now reflects lower highs, and volume is fading, confirming buyer exhaustion.
Trade Setup (Short Opportunity):
Entry Zone: $207 – $210
Target 1: $200
Target 2: $193
Final Target: $185
Stop Loss: $218
Leverage Tip: Use 5x–10x with strict SL control
Bearish Insight:
Failure to hold above $210 opened room for correction. Unless bulls reclaim $215 quickly, sellers may take control. Watch for weak bounces as short entries.