TAO is currently showing signs of exhaustion as it struggles to reclaim lost ground, with the broader trend remaining firmly under seller control. We are seeing a classic bearish pullback on the lower timeframes, where the price is drifting into a logical supply zone without any real conviction from the buyers. The compression in the Bollinger Bands suggests that volatility is coiling, but given the alignment of the 4H and 1H trends, the path of least resistance still appears to be downward. I am watching for a rejection at these levels to confirm that the bears are ready to resume the primary trend.
📌 TAO | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 262.400 - 263.294
🛑 SL: 268.000
✅ TP1: 259.522
✅ TP2: 253.100
✅ TP3: 249.454
Why this setup?
- 4H and 1H are aligned bearish.
- 1H is pulling back into a sell continuation zone (EMA20/Fib).
- RSI remains in a bearish regime.
📊 Bias Confidence: 64% | Execution Confidence: 70% | RR: 1.66 | Setup Quality: LOW
Trading crypto involves significant risk; always manage your position size accordingly.
⚠️ Personal view only. Manage risk and position size before entry.
📌 TAO | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 262.400 - 263.294
🛑 SL: 268.000
✅ TP1: 259.522
✅ TP2: 253.100
✅ TP3: 249.454
Why this setup?
- 4H and 1H are aligned bearish.
- 1H is pulling back into a sell continuation zone (EMA20/Fib).
- RSI remains in a bearish regime.
📊 Bias Confidence: 64% | Execution Confidence: 70% | RR: 1.66 | Setup Quality: LOW
Trading crypto involves significant risk; always manage your position size accordingly.
⚠️ Personal view only. Manage risk and position size before entry.