TAO is currently struggling to reclaim meaningful ground, showing clear signs of exhaustion as it consolidates below the EMA20. We are seeing a compression on the lower timeframes, but the broader 4H structure remains firmly in a downtrend. With the 15M MACD shifting into bearish territory and the RSI lingering in a weak regime, the path of least resistance appears to be to the downside. I am looking for a continuation move, provided the price fails to reclaim the local resistance zone.



📌 TAO | SHORT SETUP 📉



Trade Plan:

🎯 Entry: 260.100 - 261.027

🛑 SL: 264.494

✅ TP1: 257.041

✅ TP2: 251.943

✅ TP3: 247.864



Why this setup?

- 4H is down; 1H not fully confirmed but does not break the bias.

- 15M squeeze while still below EMA20.

- MACD 15M confirms bearish momentum.

- RSI remains in a bearish regime.



📊 Bias Confidence: 60% | Execution Confidence: 70% | RR: 1.86 | Setup Quality: LOW



Trading crypto involves significant risk; manage your position sizes accordingly.

⚠️ Personal view only. Manage risk and position size before entry.

TAO
TAOUSDT
270
+8.72%