$TAO BREAKDOWN – BEARS TAKING CHARGE!
$TAO has dropped to $398.4, down -5.79%, slicing through support with declining structure. Volume is cooling off, and the recent rejection from the $436 area shows weakness. Market sentiment leans bearish in this Layer 1 pullback.
TRADE SETUP
Direction: SELL
Entry: 405 – 398
Target 1: 382
Target 2: 365
Stop Loss: 418
PRO TIP: Momentum favors downside—scale in carefully and consider trailing your stop if it breaks below $378 cleanly.
