🔴$TAO

TAO
TAOUSDT
276.18
+6.11%

BEARISH SETUP – SUPPLY ZONE REJECTION IN PLAY

$TAO is facing resistance near 222–224 after a recent rally, showing early signs of exhaustion. Price structure suggests weakening bullish momentum, signaling a potential pullback toward lower support levels. Short-term bearish pressure may dominate if the supply zone holds.

Entry: Short near 222–224

Targets:

TP1: 220

TP2: 216

TP3: 212

Stop Loss: 226

Key Levels:

Resistance: 222 – 224

Support: 220 – 212

Risk Management: Risk only 1–2% of total capital per trade and strictly follow the stop loss to manage volatility.

#TechnicalAnalysis #BearishSetup #TechnicalAnalysisx