$TAO — Key rejection zone in play.
Looking at a potential short setup if price struggles to break and hold above the 276–278 region. This area previously acted as resistance before the previous downside move, making it an important level to watch.
Trade Setup:
Entry: 276–278
Stop Loss: 290
Target 1: 268
Target 2: 259
Target 3: 250–252
Price has rebounded into a supply area where selling pressure may start stepping back in. Momentum appears to be slowing on higher moves, while the order book remains tilted toward sellers (62.8% ask side). A rejection from this zone could trigger another move toward the 250s.
Watching $TAO closely here 👇
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TAOUSDT
Διην.
255.25
-3.28%