I’ve been watching $TAO and the recent sharp impulse toward 370 was immediately sold — that’s not strength, it’s distribution. Now lower highs are forming with volume fading, signaling sellers are stepping in.
This setup favors a continuation down if 295 breaks.
$TAO — SHORT SETUP
Entry: 295 – 303
Stop Loss: 321
Targets:
TP1: 275
TP2: 255
TP3: 232
Short $TAO here 👇
TAOUSDT
Perp
246.99
-0.32%