$TAO — Analysis & Trade Plan 📊⚡

TAOUSDT

Perp

249.81

-2.93%

$TAO is in a clear short-term downtrend after a strong rejection from the 260 area. Structure is making lower highs & lower lows, and the recent bounce looks like a relief pullback, not a trend reversal. As long as price stays below key resistance, bears remain in control.

Trade Plan:

🔴 Short on pullback: 249 – 252

🎯 TP1: 245

🎯 TP2: 242

🎯 TP3: 238

🎯 TP4: 235

🛑 SL: 255

⚠️ If price reclaims and holds above 255, step aside — bias invalidated.

Trade with discipline, let the setup play out 🧠