$TAO Big Crash, Bearish Pressure
TAO faced a huge drop from the $340 zone to near $250, showing strong selling pressure. This sharp fall confirms a bearish trend, with sellers dominating the market.
Current View:
Weak structure, lower highs forming
Price struggling to recover
Trade Idea:
Short on bounce: $270–$280
Target: $250 → $240
Stop Loss: Above $300.
Conclusion:
Trend is bearish after crash. Better to avoid longs and look for short opportunities until strong recovery appears.
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TAO
225.3
-7.62%