$TAO USDT SHORT TRADE SIGNAL 🚦 🛑
BEARISH REJECTION AFTER LOCAL PEAK ⚠️
$TAOUSDT faced strong resistance at $432.5 and is now showing a sharp rejection pattern. The sudden wick and engulfing candle indicate bulls are losing steam. With price slipping below $428.8 support, a short opportunity is developing as momentum cools down.
📉 Trade Setup (Short):
• Entry Zone: $428.5 – $431.8
• Take Profit Targets:
‣ TP1: $422.6
‣ TP2: $417.5
‣ TP3: $414.0
• Stop Loss: $437.0
• Leverage: 10x
• Risk Allocation: 2–3% of wallet
📊 Market Outlook:
After a solid climb, TAO is facing distribution at higher levels. The rejection candle near $432 suggests a local top, with weakness creeping in. If $422 breaks, further downside to $414 is on the table. Momentum traders should watch for confirmation breakdowns on lower timeframes.
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buy and trade here on $TAO