$TAO /USDT short tread signal 🚦🛑
BEARISH REJECTION NEAR RESISTANCE – SHORT OPPORTUNITY EMERGING!
$TAO has approached a significant supply zone near $384.45 and is now showing signs of rejection. Price is stalling just below the resistance level, indicating that buyers are losing momentum. This could signal a short-term pullback toward support.
Trade Setup (SHORT):
Entry Price: $380.50 – $381.00
Target 1: $375.00
Target 2: $372.27
Stop Loss: $384.45
Why Short?
The price action shows lower highs forming under a clear resistance ceiling, combined with weakening volume on the approach. Sellers are defending this zone strongly, and a breakdown toward lower support looks likely if $380 fails to hold.
Market Outlook:
If momentum remains bearish and $380.00 breaks cleanly, expect increased downside pressure. Only a strong breakout above $384.45 invalidates this setup.
Risk Management Tip:
Place your SL just above the resistance. If price reverses against the setup, exit quickly. Preserve capital and look for the next clean move.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
Buy and trade here on $TAO
buy and trade here on $TAO