TAO is holding in the upper half of the active range, and price action is still testing conviction on lower timeframes. Momentum remains soft with lower-timeframe pressure still active. Structure currently reads DOWN/SIDE/SIDE, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is LOW. Current RR is around 1.91. Chasing pressure is 0.06%.
📌 TAO | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 245.646 - 246.585
🛑 SL: 249.900
✅ TP1: 243.740
✅ TP2: 237.500
✅ TP3: 235.271
Why this setup?
- 4H is down; 1H not fully confirmed but does not break the bias.
- 15M squeeze while still below EMA20.
- MACD 1H is aligned bearish.
- MACD 15M confirms bearish momentum.
- RSI remains in a bearish regime.
📊 Bias Confidence: 56% | Execution Confidence: 74% | RR: 1.91 | Setup Quality: LOW
Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.
⚠️ Personal view only. Manage risk and position size before entry.