TAO /USDT PULLS BACK — SELLERS DOMINATE

$TAO is trading at $252.10, down -5.90% in 24h. The move reflects short-term selling pressure and weakening structure, signaling caution for traders.

🔍 Price Action Insights

Bearish candles dominate → sellers firmly in control

Price testing previous support → momentum remains bearish

Weak buying pressure → demand limited

🧠 Market Perspective

This type of move often indicates:

Profit-taking or short-term liquidation

Short-term trend turning bearish

Potential further downside if support fails

📍 Key Levels to Watch

Support / Pullback Zone: 245 – 250

→ Holding here may slow further decline

Resistance / Rejection Zone: 258 – 262

→ Any bounce likely capped by selling

🎯 Possible Scenarios

🔻 Bearish Continuation

Price breaks below 245 → further downside likely

Sellers remain dominant

🟡 Short-Term Relief Bounce

Minor rebound possible toward 258 – 262

Likely weak → capped by resistance

🧩 Key Takeaway

TAO/USDT is showing short-term bearish momentum.

Avoid chasing green candles — wait for support confirmation or structure shift before entries.

📌 Discipline and patience are key in volatile markets.

Bearish bias active — trade carefully. ⚠️