Staying honest with you all here — this bounce doesn’t feel convincing yet.
After a clear breakdown from the upper range, $TAO is still trading under pressure. The recovery from the lows looks weak and corrective, not a strong reversal. Sellers are defending the previous support area, and unless price reclaims it with strength, downside risk remains active.
Trade Setup (Short)
Entry Zone:
212 – 216
Stop Loss:
221
Take Profits:
TP1: 206
TP2: 198
TP3: 190
Levels are clean — patience and discipline matter here.
TAOUSDT
Perp
219.37
+3.21%