$TAO – Bounce runs straight into resistance

Trade Setup: Short $TAO

• Entry Zone: 270 – 280

• Target 1: 240

• Target 2: 210

• Target 3: 175

• Stop Loss: 305

Sellers showed up the moment price touched the resistance zone. No acceptance, no follow-through — just rejection on the first retest. The structure hasn't changed; lower highs persist from the 310 level. This bounce appears corrective rather than a true reversal, and momentum is already fading. Until buyers can actually hold above resistance, the downside remains the cleaner path.

Just click trade here 👇

TAOUSDT

Perp

268.78

-1.16%