$TAO showing bearish rejection after failing to reclaim local resistance 📉🔥

Sellers continue defending the upper resistance zone while momentum starts weakening on the lower timeframe 👀⚠️

💎 Short Setup — $TAO Futures

🔴 Entry Zone: 273 – 276

🛑 SL: 285

🎯 TP1: 266

🎯 TP2: 258

🎯 TP3: 248

🧠 Setup Logic:

• 1H timeframe showing bearish rejection after failure above resistance

• Sellers defending the 280 – 285 zone with repeated lower highs

• Bullish momentum weakening with downside continuation signals building

• Break below 270 support could trigger stronger sell pressure

• Overall structure remains bearish while price stays below 282 resistance

⚠️ 20x isolated leverage is extremely high risk — avoid over leveraging and revenge trading 🧠💰

Protect capital first. The market will always give more opportunities 🤝🔥 $USDC