REJECTION UNDER KEY MA – CONTINUATION TO THE DOWNSIDE

$TAO SHORT

Trade Plan

Entry $302 – $306

SL $310

TP1 $298

TP2 $292

TP3 $285

Win Rate: 64%

Why this setup

– Market structure: Clear downtrend with lower highs and lower lows

– Key level: Price failing below MA(25) & MA(99) → resistance holding strong

– Momentum: Weak bounce after breakdown, no strong buyer follow-through

– Bias valid if price stays below 310 and continues rejecting MA resistance

Trade $TAO here 👇

DYOR