$TAO /USDT — Market Structure Overview
On both the daily and 4-hour timeframes, the trend remains decisively bearish, with price trading below all key EMAs. The 1-hour chart shows a weak recovery attempt that failed, with price sliding back beneath the EMA50, indicating fading bullish pressure.
Short-term momentum is also turning lower. The 15-minute RSI has dipped below 50, signaling a renewed shift toward downside momentum and aligning with the broader bearish structure.
A breakdown below the 1-hour swing low near 290.6 would reinforce the dominant downward move, potentially opening the door toward the 285.5 support region.
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Example Bearish Trade Setup (For Educational Purposes Only)
(Not financial advice — strictly an illustration of how a trader might structure a setup based on the analysis above.)
Illustrative Entry Zone:
• 290.61311 – 292.630029
Illustrative Targets:
• TP1: 285.570812
• TP2: 283.553893
• TP3: 279.520055
Illustrative Invalidation (Stop):
• 297.672326
