$TAO – SHORT
Entry: 265 – 270
SL: 278
TP1: 255
TP2: 245
TP3: 230
Price is showing signs of weakness after failing to sustain above the recent resistance zone near 275–280. Multiple rejection wicks and lower highs indicate that sellers are becoming more active. The current pullback from resistance suggests a potential move toward lower support levels if bearish momentum continues.
A confirmed breakdown below the 260 support area would strengthen the short setup and increase the probability of reaching deeper downside targets.
TAO
271.8
-0.94%