$TAO is Confirming Bearish Momentum 🔻

Sell Zone: 238 – 250

TP1: 231

TP2: 222

TP3: 210

SL: 270

Leverage: 5–15x (risk 1–2%)

$TAO continues to make lower lows, and the trend is undeniably down. Failed attempts to break above 260-280 have opened the door for further declines. Watch for aggressive selling into any bounces, especially within the 238-250 range 📉. Volume confirms this bearish setup – red candles are dominant, and green candles lack conviction. Spot traders should remain cautious and avoid chasing potential bottoms. Support lies around 215-205, with a major downside target between 195-170. Trade the structure, not the hope!

#TAO #CryptoTrading #Bearish #TradeSetup 🐻

TAOUSDT

Perp

222.1

-6.44%