$TAO /USDT short trade signal 🚦🛑
BEARISH MOVE INITIATED — SHORT REJECTION NEAR RESISTANCE ZONE
Price faced a strong rejection from the $427 level after a short-term rally, showing signs of exhaustion with a bearish candle forming just below resistance. This indicates sellers regaining control, signaling a potential downside continuation.
Trade Setup (Short):
Entry: $422
Take Profit (TP): $408
Stop Loss (SL): $427
Market Outlook:
Volume shows declining bullish interest and price is pulling back below key resistance on the 30m timeframe. Bears may dominate if $420 breaks cleanly, opening the path to $408 and below.
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