$TAO
USDT SHORT TRADE SIGNAL š“
Price has formed a rounded top followed by consolidation below the neckline ā indicating exhaustion in bullish momentum and a potential bearish reversal. A strong rejection from the 358 zone confirms resistance, while price continues to range just below it, setting up for a breakdown toward the next major support.
Trade Setup:
$ Short Trade Signal š“
Entry Point: 355.50 ā 356.00
Stop Loss: 358.30
Take Profit: 331.50
Margin: 2-3% of wallet
Leverage: 10x
Market Outlook:
The chart suggests sellers are gaining control after the failure to sustain highs. If price breaks below the minor support near 353.90, momentum may accelerate sharply toward 331 levels. Eyes on volume for confirmation of breakdown.
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buy and trade here on $TAO