You can now clearly see how $TAO reacted from the rejection area I mentioned it took a strong rejection and moved downward just as expected.
Some people may have ignored the setup earlier, but there’s still an opportunity. Right now, the trend looks bearish, and $TAO could continue moving toward the lower target (TP area).
However, don’t rush blindly:
• Enter only with confirmation
• Follow proper risk management
• Avoid going all-in
After it reaches the lower level, we can then decide whether it will take support or continue further I’ll update on that.
For now, it can be seen as a potential opportunity, but trade smart, not emotional.
TAO
345.1
+10.32%