$TAO gave everyone a masterclass in market manipulation today. Both sides played out to the cent.
+3.61% breakout, then an immediate -6.10% nuke.
1H close above $283 squeezed straight to $292.
Lost the 1H 200 EMA and trapped every late long. Losing $270 triggered the short.
Sliced clean through $262 demand down to $253 before anyone could react.
$270 is the line in the sand.
Unless bulls hold this, every push toward $281 is just free exit liquidity to reload shorts. Lose $262 and the floor drops out.
+3.61% breakout, then an immediate -6.10% nuke.
1H close above $283 squeezed straight to $292.
Lost the 1H 200 EMA and trapped every late long. Losing $270 triggered the short.
Sliced clean through $262 demand down to $253 before anyone could react.
$270 is the line in the sand.
Unless bulls hold this, every push toward $281 is just free exit liquidity to reload shorts. Lose $262 and the floor drops out.