$TAO keeps the bearish thesis active as the price stays locked near the lower boundary of the recent trading area. We are seeing successive lower highs forming across the shorter timeframes, consistent with the overall daily downtrend. A clean drop below that established range floor would confirm the continuation of the selling pressure.

TAOUSDT SHORT
IN 189.55 - 189.85
OUT 190.65
TP 188.75 · 187.99 · 187.04

#TAO #TradeSetup