$TAO /USDT DOUBLE TOP REJECTION — BEARS TAKE CONTROL!
TAO has printed a classic double top pattern near the $338 resistance zone, followed by strong rejection candles. The failure to break and hold above the recent high signals bearish pressure and opens up a clean short setup targeting lower support levels.
Trade Setup (SHORT):
Entry: $327.50
Take Profit (TP): $311.20
Stop Loss (SL): $338.10
Market Outlook:
Unless TAO breaks above $338 with strong momentum, the price is likely to retrace deeper as buyers show signs of exhaustion. Key support rests around $310, making this a good spot for short traders to ride the downside.
buy and trade here on $TAO
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