$TAO triggered a long liquidation of $1.0509K near $262.72, forcing buyers out. This supports bearish continuation as long as price stays below this level.
Pullbacks into resistance are healthier than chasing breakouts.
Entry (EP): $265 – $260
Targets (TP): $250 → $240
Stop Loss (SL): $270
Bias: Bearish while below the liquidation zone.
