$TAO / USDT — Short-Term Downward Momentum

TAO is trading around 223.1 after a strong impulsive move from the 207–210 base and rejection near the 227–228 resistance zone. On the 1H timeframe, price has started to print a pullback with a lower high, signaling exhaustion after the recent rally and a potential corrective phase.

Direction: Short

Entry Zone:

222.5 – 225.0

Targets:

TP1: 220.0

TP2: 216.5

TP3: 212.0 (major intraday support)

Stop Loss:

Above 229.0

Bias:

Bearish in the short term while below 228.0. Failure to reclaim this resistance keeps pressure to the downside, favoring a pullback toward 220 → 216. A strong break and hold above 229–230 would invalidate the short setup and shift bias back to bullish continuation.

TAO

276.7

+1.05%