$TAO
$TAO has been one of the strongest performers during the AI hype cycle, but every trend eventually reaches a point where momentum starts fading. After an aggressive rally and a massive market cap expansion, buyers appear exhausted while price continues testing key resistance levels.
The chart is showing signs of weakness, and if support begins to crack, profit-taking could accelerate quickly. Liquidity leaving the market combined with fading bullish momentum could create the perfect conditions for a sharp downside move.
Short Trade Setup (10x Leverage)
EP: $468 - $478
SL: $495
TP1: $445
TP2: $420
TP3: $390
Risk Management: Wait for rejection confirmation inside the entry zone before entering. A break above the stop-loss level would invalidate the bearish setup and could trigger another leg higher.
$TAO bears are watching closely. If sellers take control here, this could become one of the cleaner short opportunities on the board.
