$TAO 15m: The most likely short-term scenario is a renewed test of the support zones at 192.5 USDT and 192.2 USDT, possibly even a short spike below 191.4 USDT before buyers appear.
- I would currently rather look for short opportunities as long as the price remains below 193.7 USDT.
- The bias only changes with a clear break and close above 195.5 USDT with confirmation on lower timeframes – then a long towards 197 USDT would be possible.
- For a short setup, it is best to wait for confirmation at 193.7 USDT or after rejection of stronger resistance areas.
- On a sweep below 191.4 USDT, go aggressively long after confirmation with a target of 192.5 USDT.
- I would currently rather look for short opportunities as long as the price remains below 193.7 USDT.
- The bias only changes with a clear break and close above 195.5 USDT with confirmation on lower timeframes – then a long towards 197 USDT would be possible.
- For a short setup, it is best to wait for confirmation at 193.7 USDT or after rejection of stronger resistance areas.
- On a sweep below 191.4 USDT, go aggressively long after confirmation with a target of 192.5 USDT.