🚨 TAO/USDT Bearish Setup – Short Term (Binance) 📉
TAO/USDT is showing signs of weakness after a strong rally, with price rejecting from the $370 zone and forming a series of lower highs. Current structure suggests a short-term correction phase.
🔍 Market Structure:
• Strong rejection from $370 resistance
• Lower highs forming → bearish shift
• Price struggling to hold above $300 zone
📊 Technical Signals:
• Momentum slowing after parabolic move
• Consolidation turning into downside pressure
• Sellers active near resistance zones
⚠️ Short Trade Setup:
• Entry: $300 – $310 resistance zone
• Stop Loss: Above $325
• Targets:
🎯 TP1: $280
🎯 TP2: $250
🎯 TP3: $220
📉 Bearish Scenario:
If TAO loses the $280 support, we can expect a deeper correction, as post-rally pullbacks are common after such strong moves.
⚠️ Invalidation:
Break and hold above $325 → bullish continuation
❗ Trade with proper risk management.$XRP #write2earn🌐💹