📉 TAO/USDT Perp – Bearish Structure Still Intact
$TAO is trading near 158 on the 4H timeframe and remains under strong bearish control. Price recently rejected the 167–170 resistance zone, confirming this area as a major supply region.
Market structure continues to form lower highs and lower lows, signaling that sellers are still dominant.
The bounce from 142.8 was corrective and lacked strong volume, suggesting no confirmed trend reversal yet.$TAO
🔑 Key Support Levels:
• 155–153 – short-term demand zone
• 148–145 – major support; breakdown could trigger further downside
🔑 Key Resistance Levels:
• 165–168 – strong selling zone
• 175+ – trend reversal only above this level
As long as price stays below 168, the overall bias remains bearish. Short setups are favored on pullbacks, while cautious traders should wait for confirmation at major support.
⚠️ Expect increased volatility near key levels — risk management is essential.
📌 Not financial advice. Trade with proper risk management.
Disclaimer: I am not your financial advisor.
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