$TAO /USDT BEARISH SIGNAL ALERT š“š
LOWER HIGH FORMATION AFTER STRONG REJECTION!
MULTIPLE FAILED ATTEMPTS TO RECLAIM $370!
WEAK BOUNCE WITH DECREASING VOLUME!
TAO/USDT faced heavy resistance near $391.8 and has since formed a clear lower high structure, now consolidating weakly below $360. The recent bounce from $334.3 lacked strong follow-through, suggesting sellers are still in control.
š Key Technical Levels:
Resistance: $370
Support 1: $344.3
Support 2: $334.3
Current Price: $356.6
š“ SHORT TRADE SETUP
Entry Zone: $356 ā $360
Take Profit (TP): $344 / $334 / $325
Stop Loss (SL): $371
š”ļø Risk Strategy:
Enter only on confirmation below $355. Watch volume closely ā if it drops further, downside may accelerate.
#TAO #Layer1Crypto #BearishSetup #CryptoSignals #BinanceSquare