$TAO : The AI Giant is Bleeding – Why I’m Shorting to $150 📉
The hype is dead and the charts don't lie. Despite the 2025 halving,
$TAO is facing a massive reality check. Here is why the bears are in control:
The Upbit Trap: The recent Korean listing was a classic "exit liquidity" event. Whales used the $215 spike to dump on retail, leaving a sea of "bag holders" trapped at the top. 🇰🇷
Inflation vs. Demand: Even with rewards halved to 3,600 coins/day, the market isn't buying. That’s still over $650k in daily selling pressure that the current volume can't sustain.
OI Collapse: Open Interest is at record lows. Retail has fled, and the "whale" won't pump it just to let you break even. 🐋
Technical Death Cross: Trading at $181, TAO is struggling below key MAs. If $180 snaps, we are looking at a fast trip to $150.
Trade Idea: * Position: Short
Entry: $181 - $185
Target: $155 - $145
Stop Loss: $196 (Above recent resistance)
The AI narrative is cooling, and TAO is leading the drop. Trade safe! 📉🔥
#TAO #Bittensor #ShortSignal #Altcoins