$TAO Down #Alert🔴
📍 Entry: 231.1 — 234.0
🛑 SL: 237.5
🎯 TP1: 227.1
🎯 TP2: 224.7
🎯 TP3: 221.6
🎯 TP4: 220.0
Technical View: After staging a minor recovery push, the asset encountered aggressive institutional distribution near the 236.6 level, formatting a sharp lower-high sequence filled with consecutive red candles. The price is currently descending toward the trailing Supertrend support platform standing at 224.7. Due to the overstretched upward nature of the previous session, a significant structural imbalance remains open. Momentum is expected to strictly accelerate a downward mean-reversion move to test the critical psychological floor at 220.0. Any temporary low-volume relief bounces will likely serve as premium short entries under the current supply-heavy layout.
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