🚨 $TAO /USDT Short Setup 🚨

Higher timeframes (Daily & 4H) are fully bearish, with price below all key EMAs. Selling momentum is strong, and the 1H RSI is deeply oversold (≈22) — setting up a dead-cat bounce for continuation lower.

🧠 Why now?

An oversold bounce below RSI 50 on lower TFs often acts as a trap before the next leg down in a strong downtrend.

📍 Short Entry: 262.9 – 265.1

🛑 SL: 270.6

🎯 Targets:

• TP1: 257.3

• TP2: 255.1

• TP3: 250.7

📉 Trend-following setup — patience and confirmation matter.

TAO

--

--

#BinanceBlockchainWeek #WriteToEarnUpgrade #BinanceAlphaAlert #SECxCFTCCryptoCollab