$TAO "Resistance Rejection Short" boooom🔥🟥

Trade Setup (Short Position):

Entry: Around $257.8 (marked).

Stop Loss: Around $265.9 (top of red box).

Take Profit: Around $226.9 (bottom green area).

Risk-to-Reward Ratio: Looks like roughly 1:3, which is a solid setup.

Bearish Reversal Signal:

Sharp rejection from resistance indicates a potential bearish reversal.

White arrow suggests expectation of price falling back to prior support (~$227).

#BinanceLeadsQ1 #BinanceLaunchpoolINIT #PowellRemarks #VoteToDelistOnBinance #PowellRemarks