$TAO Breakdown Accelerating — Bears in Full Control

TAOUSDT
Prep
209.96
-5.10%
$TAO is showing clear signs of exhaustion after repeated rejections, with sellers aggressively defending every bounce. Market structure remains weak, lower highs are intact, and downside momentum is building — favoring continuation to lower levels. This looks like a classic sell-the-rally setup, not a spot for longs.
Trade Setup (Short):
• Entry Zone: 218.0 – 224.5
• TP1: 216.6
• TP2: 213.6
• Stop Loss: 228.9
⚠️ Note: Trend remains bearish while price stays below resistance. Manage risk tightly and avoid over-leveraging.