$TAO /USDT SHORT SIGNAL
TAO is trading around 296.8 after failing to sustain momentum near the upper resistance zone at 302.1–308.1. Sellers are beginning to apply pressure as the price shows signs of weakening, slipping away from the recent peak at 308.1. The market structure suggests a potential pullback toward lower support levels if bearish momentum continues to build.
Entry: 296.8
Take Profit (TP): 294.4 – 286.6 – 278.9 – 272.9
Stop-Loss (SL): 302.1
Reason: TAO is repeatedly rejecting from the higher resistance levels, signaling exhaustion in buying pressure and increasing probability of a downward correction.
#Crypto #TAO #ShortSignal #TradingUpdate #MarketAnalysis

TAOUSDT
Perp
293.68
+2.27%
