🔴 $TAO
/ Dallas sin Long Liquidation: $7.3875K at $261.05
Another leveraged long got wiped out in TAO, marking a $7.38K liquidation at $261.05. The move reflects aggressive liquidity hunting where over-leveraged longs are cleared before any real directional expansion.
Market structure is still unstable, with price reacting sharply around liquidation zones. This often signals a temporary reset before volatility continues in either direction.
📊 Trade Setup (Reaction Zone Play):
Entry (EP): $262 – $266 (on reclaim / confirmation candle)
Take Profit (TP):
TP1: $272
TP2: $280
TP3: $292
Stop Loss (SL): $255 (below liquidation sweep zone)
Bias stays cautiously bullish only if price reclaims $262. Failure to hold could trigger another liquidity sweep lower before recovery.#CryptoMarketRebounds #KevinWarshDisclosedCryptoInvestments #CZ’sBinanceSquareAMA #GoldmanSachsFilesforBitcoinIncomeETF