The tape shows $TAO quietly absorbing selling pressure while funding flips negative.
$TAO - LONG
Trade Plan:
Entry: 181.58039 – 183.28785
SL: 177.31174
TP1: 187.55651
TP2: 189.26397
TP3: 192.67889
Why this setup?
Bids are stacking between 181.58039 and 183.28785, defending the zone. The daily trend is still bearish, but negative funding with price holding suggests a short squeeze is brewing. A clean break above 183.28785 targets 187.55651. The line is 177.31174 – lose that and the structure flips.
Debate:
Do we squeeze to 187.55651 first, or get a final sweep of the lows?
Trade here 👇
