A critical breakdown is unfolding in $TAO as it slips below key resistance 🔥
Entry: 249.0-251.0
Target: 245.3
Stop Loss: 259.9
The bearish channel breakdown in $TAO signals that sellers are firmly in control, with the price printing lower highs and lower lows, favoring a move toward lower support levels as long as it stays below the 260 area.
Not financial advice, manage your risk.
#TAO #ShortSetup #BearishChannel
⚠️
Entry: 249.0-251.0
Target: 245.3
Stop Loss: 259.9
The bearish channel breakdown in $TAO signals that sellers are firmly in control, with the price printing lower highs and lower lows, favoring a move toward lower support levels as long as it stays below the 260 area.
Not financial advice, manage your risk.
#TAO #ShortSetup #BearishChannel
⚠️