$TAO 1. Short Selling

2. Take Profit Target: 259.22 (Bollinger Band Middle Line)

3. Stop Loss Target: 252.00

4. Structural Breakdown Point: 259.22 (Bollinger Band Middle Line)

Core Basis: The current price (248.11) has significantly fallen below the Bollinger Band Lower Line (250.78), indicating strong bearish momentum. In the MACD indicator, both DIF (-3.96) and DEA (-3.13) are negative and in a dead cross state, with the histogram (-0.83) also negative, confirming the bearish trend. Although the J value of KDJ (0.05) has entered the oversold area, under the backdrop of a significant decline in volume (trading volume 26,431 exceeds the average volume) and effective price breakdown, it usually indicates that the downward inertia may continue. OBV is negative, indicating a net outflow of funds, corroborating the price decline. Overall, the technical bearish structure is clear.