📉 $TAO

USDT BEARISH REVERSAL – SELLERS TAKING CONTROL

TAO is currently showing weakness after failing to hold above the minor resistance near $326-$328. The price is now trading around $322, and the chart suggests a potential downward continuation as it breaks below its local support zone.

🔑 Key Levels:

Resistance: $326 – $328

Support: $319 – $320 (immediate), $308 (major target)

Current Price: $322.11

🎯 Trade Setup (Short Entry):

Entry Zone: $322 – $324

Take Profit (TP): $316 and $308

Stop Loss (SL): $326

📊 Market Outlook:

Momentum is shifting bearish as the recent rejection from resistance aligns with lower highs formation on this timeframe. Sellers are gaining strength below $325, and a clear break under $320 could accelerate the downside move towards $308 support.

⚠️ Risk Management:

Use strict position sizing and SL placement to control risk exposure. Avoid revenge trades if stopped out.

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buy and trade here on $TAO