$TAO Rejected at Resistance ..... Bearish Momentum Building

$TAO delivered an explosive rally and is now showing clear signs of exhaustion near the local top. Consecutive bearish candles after a sharp rejection wick suggest profit-taking is accelerating and momentum is cooling off.

Trade Setup

Entry: $251 - $254

TP1: $245

TP2: $236

TP3: $225

Stop Loss: $265

The recent parabolic move has pushed TAO into a high-risk zone where sellers are beginning to take control. Failure to reclaim the recent highs could trigger a deeper pullback toward lower support levels.

Sell and Trade $TAO

TAO
TAOUSDT
259.09
-2.47%