$TAO Analysis & Trade Plan

TAO
TAOUSDT
158.24
-6.78%

$TAO showing bearish structure with lower highs forming. Price currently holding support near 160 – 162. Breakdown can extend downside, bounce may give short relief rally.

Trade Plan:

🟢 Long: Bounce from 160 – 162

SL: 156

TP1: 168

TP2: 172

TP3: 178

🔴 Short: Breakdown below 160

SL: 165

TP1: 155

TP2: 148

TP3: 140