$TAO
USDT BEARISH SETUP – STRONG REJECTION EXPECTED 🔻
The market is currently trading at $324.97, showing weakness below key resistance levels. Price has faced multiple rejections in the 326-330 zone, indicating strong seller presence.
🔑 Key Levels:
Resistance: $326.03 | $334.54 | $354.76 | $364.10
Support: $319.09 | $314.36 | $293.29 (major target)
📉 Trade Setup (Short):
Entry: $325 – $330
Targets (TP):
TP1: $319
TP2: $314
TP3: $293
Stop Loss (SL): $334.54
📊 Market Outlook: TAO is forming lower highs and struggling to break resistances. If price fails to close above $330, a sharp drop towards $293 is likely in the coming sessions.
⚠️ Risk Management: Use strict stop loss at $334.54. Risk only 1-2% of capital per trade to protect equity during high volatility.
#crypto #taousdt #shortsetup #bearishsignal #tradingstrategies
buy and trade here on $TAO
💡 Comment 🟥 if you are watching TAO for this bearish play!