Why did $TAO stall after such a dominant run? It’s the Psychology of the Profit-Taker.
Most traders who bought at $150 are finally hitting the "Sell" button.
The CoinGlass data shows a heavy buildup of long positions near the top—classic fuel for a flush. If $330 fails to hold, the exit will be narrow and violent.
Professionals don't buy the top of a 140% move; they wait for the "Mean Reversion." Stay cold.