$TAO pushing into resistance after the rebound upside looks stretched once again.

Trading Plan: SHORT $TAO

Entry: 174 – 180

SL: 190

TP1: 166

TP2: 152

TP3: 136

The bounce appears corrective rather than impulsive. Momentum is fading as price tests prior supply, and follow through buying lacks conviction.

Highs are getting sold into instead of expanding cleanly, showing hesitation near resistance.

If sellers continue to defend this zone, a rotation back into lower liquidity becomes the higher probability scenario.

$TAO

TAO
TAOUSDT
176.79
-5.63%