⚠️ $TAO Spike Fizzles Out—Is the Drop Just Getting Started?
Big pump to $500... but now the chart's bleeding red. Time to short the slide? 📉🔍
📊 #TAOUSDT Signal – Short Setup (4H Chart)
Sell and trade here: $TAO
📍 Entry: 408 – 412
🛡 Stop-Loss: 419
🎯 Target(s): 388, 370, 355
📊 Risk/Reward: 1:3
📈 Confidence Level: High
📌 Setup Explanation:
$TAO surged to $500 but couldn’t sustain the highs. It’s now printing consistent lower highs and red candles on the 4H chart. Momentum is clearly fading. A confirmed 4H close below $403.8 could trigger further downside. Weak recovery bounces may offer fresh short entries for traders.
💬 Are you riding the drop or waiting for a reversal signal?
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