$TAO — Dead cat or distribution? Sellers are lurking.
Short $TAO
Entry: 246 – 248
SL: 252
TP1: 240
TP2: 233
TP3: 225
Price bounced from 142 but stalled hard under 250. Every push toward that level is getting sold. Order book was 65% ask-heavy on the daily view — sellers are in control. When a recovery stalls at the same ceiling repeatedly, it's not consolidation. It's distribution.
Trade $TAO here 👇

TAOUSDT
Trvl
250.74
+2.32%
