$TAO /USDT ā BEARISH PRESSURE BUILDING UP š»ā ļø
šØ FAILED TO HOLD ABOVE $424
šØ SHARP DROP FROM $428
šØ KEY SUPPORT NEARING AT $374
TAO is trading at $388.4, down -4.73%, showing clear bearish momentum after getting rejected near the $428 resistance. The price is now approaching the $374ā$372 demand zone, where a breakdown could trigger further downside.
š Key Levels:
Resistance: $404 ā $424
Support: $374 ā $364
š¼ Trade Setup:
Short Entry: $388ā$392
TP1: $376
TP2: $364
SL: $406
š Risk Management:
Limit risk to 1ā2%. Avoid over-leveraging and always set your stop loss. Stick to the trend and re-evaluate if support bounces with strong volume.#TrumpTariffs #BinanceHODLerHOME #BinanceHODLerRESOLV #CryptoRoundTableRemarks #Tradersleague $TAO