$TAO has slipped to $310.20, down 0.70% after failing to stay above the key $318 resistance level. With trading volume tapering off and price action slowing near the 5-day moving average, bulls are losing grip — and a critical test is underway.
🛡️ Support Zone to Watch:
The $301–$293 range now stands as the last stronghold for bullish traders. Holding this level could spark a recovery — but failure may lead to sharper losses.
📊 Short Trade Setup:
Entry Range: $313 – $317
Profit Targets: $305 / $295
Stop-Loss: $322
🔎 Break Below $301?
A daily close under this mark could accelerate a downside move, pushing price toward lower support levels.
#TAO #CryptoAnalysis #Layer1 #PriceAction #ShortSetup #BinanceSquare
