$TAO fails to reclaim the liquidation level, bears may take control. But if buyers step in fast, this could turn into a trap and reversal play. Stay sharp — volatility is awake.
Short 🛑
$TAO /USDT
Entry Point (EP): 264 – 267
Take Profit (TP):
🎯 262
🎯 258
🎯 252
$TAO long liquidation shows that buyers were forced out near the 265.88 level, which often signals weakness in bullish momentum
This kind of liquidation usually happens when price drops suddenly, triggering stop losses and adding selling pressure
It can open the door for further downside as liquidity gets cleared and bears take short-term control
However, after such a flush, a small bounce is also possible if buyers step back in at lower support
Watch closely for confirmation, if price stays below this level, bearish continuation is more likely
#TAO #Crypto #Liquidation #MarketAnalysis