TAO is currently struggling to find a floor, with price action exhibiting clear signs of exhaustion on the lower timeframes. While the 4H trend remains firmly bearish, the 1H chart is showing signs of hesitation, creating a compressed environment where sellers are clearly in control of the momentum. We are seeing a lack of buying interest, and as long as the price fails to reclaim key structural levels, the path of least resistance remains to the downside. I am monitoring this for a potential continuation move, provided we see the expected weakness persist.



📌 TAO | SHORT SETUP 📉



Trade Plan:

🎯 Entry: 259.336 - 261.034

🛑 SL: 268.000

✅ TP1: 248.900

✅ TP2: 245.715

✅ TP3: 241.681



Why this setup?

- 4H trend is bearish; 1H consolidation does not invalidate the primary downtrend.

- MACD on 1H remains aligned with the bearish bias.

- 15M MACD confirms that downward momentum is currently dominant.

- RSI levels across timeframes remain within a bearish regime, suggesting limited recovery potential.



📊 Bias Confidence: 66% | Execution Confidence: 76% | RR: 1.57 | Setup Quality: LOW



Trading crypto involves significant risk of loss; never trade with money you cannot afford to lose.

⚠️ Personal view only. Manage risk and position size before entry.

TAO
TAOUSDT
262.83
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