The TAO bull trap is sprung

Entry: 292.81 🟩

Target: 287.49 🎯

Stop Loss: 300.27 🛑

The daily trend is crushing $TAO, but the low timeframe noise tried to fake everyone out. That local rally is now completely exhausted and hitting a brick wall at the 294.95 resistance zone. This sets up the perfect short entry to ride the larger downtrend. The trigger is simple: wait for the 15-minute RSI to snap under 50. When that local momentum dies, the high-probability reversal is confirmed. This is not a time to be long.

This is not financial advice. Trade at your own risk.

#TAO #CryptoTrading #ShortSetup #Reversal

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TAOUSDT

Perp

303.14

-0.02%