TAO is holding in the upper half of the active range, and price action is still testing conviction on lower timeframes. Momentum remains soft with lower-timeframe pressure still active. Structure currently reads DOWN/SIDE/SIDE, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is LOW. Current RR is around 1.91. Chasing pressure is 0.06%.
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๐ TAO | SHORT SETUP ๐
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Trade Plan:
๐ฏ Entry: 245.646 - 246.585
๐ SL: 249.900
โ TP1: 243.740
โ TP2: 237.500
โ TP3: 235.271
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Why this setup?
- 4H is down; 1H not fully confirmed but does not break the bias.
- 15M squeeze while still below EMA20.
- MACD 1H is aligned bearish.
- MACD 15M confirms bearish momentum.
- RSI remains in a bearish regime.
๐ Bias Confidence: 56% | Execution Confidence: 74% | RR: 1.91 | Setup Quality: LOW
Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.
โ ๏ธ Personal view only. Manage risk and position size before entry.