🔴 $TAO

TAO
TAO
248.7
+3.41%

#TAO Long Liquidation Alert | Bearish Liquidity Sweep

$2.2205K longs liquidated at $259.53 — leveraged longs flushed as sellers briefly take control.

📉 Bias: Short-term bearish / correction pressure

⚠️ Volatility expected around key support zones

📍 Entry (Short idea): $259.5

🛑 SL: $268.0 (above rejection zone)

🎯 TP1: $250.0

🎯 TP2: $242.0

⚡ If price fails to reclaim $262+, downside continuation likely with potential cascading liquidation risk.