🔴 $TAO Long Liquidation at $409.00
📉 Context
A long position worth $1,966.50 was liquidated at $409.00.
This likely marks a local breakdown or stop-loss flush — good opportunity to look for entries below the liquidation point, where smart money often steps in.
🟢 Buy Zone
$384 – $405
This is below the liquidation level, where support and dip interest usually return.
$384 was previously a key demand zone and psychological round number.
Use laddered entries across the zone to average in.$TAO
🎯 Targets
TP1: $425 – Recovery to pre-liquidation range.
TP2: $448 – Major resistance from recent swing high or trendline test.
TP3: $475 – Full bullish extension and previous distribution zone.
🛑 Stop Loss
$372
Below the key structure from recent lows.
A break below this likely invalidates the bullish reversal thesis.
⚖️ Risk/Reward Estimate
Entry Avg: ~$395
Stop Loss: $372 (Risk: $23)
TP1: $425 (Reward: $30) → RR ~1.3
TP2: $448 (Reward: $53) → RR ~2.3
TP3: $475 (Reward: $80) → RR ~3.5
📌 Trade Notes
Volume profile shows strong interest around $400–$410. Liquidity flushes may have cleared weak hands.$TAO
Watch BTC/ETH correlation — TAO often tracks broader sentiment.
If price breaks above $420 with volume, consider trailing stop and riding higher targets.