$TAO – Bearish Rejection in Play! 🚨📉

$TAO is currently trading at $347.6 (-1.75%), showing a sharp rejection after failing to sustain above the $349.8 resistance zone!

The price action suggests increased selling pressure, with candles printing consecutive lower highs and a fresh break below short-term support.

🔎 Market Insight:

After a strong bullish push, $TAO faced rejection at the $350+ area, forming a potential double-top pattern. With buyers losing grip and sellers stepping in aggressively, downside continuation is now the primary scenario.

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