$TAO Bearish, Market entry: 190.71
TP1 below: 180.64 (first take-profit level)
TP2 below: 176.11 (second take-profit level)
DCA: 193.48 (rebound add-position watch level)
SL: 196.25 (stop-loss exit level)
The on-chain TAO/USDC pair is seeing some traction, but it hasn't translated into real buying pressure — still down over the past 24h. Funding isn't extreme, long/short accounts are roughly balanced, but price just can't push higher. OI is still creeping up, feels like someone is positioning but can't move it.
If price reclaims 196.25, exit immediately on the stop — don't hold the short through that.
TP1 below: 180.64 (first take-profit level)
TP2 below: 176.11 (second take-profit level)
DCA: 193.48 (rebound add-position watch level)
SL: 196.25 (stop-loss exit level)
The on-chain TAO/USDC pair is seeing some traction, but it hasn't translated into real buying pressure — still down over the past 24h. Funding isn't extreme, long/short accounts are roughly balanced, but price just can't push higher. OI is still creeping up, feels like someone is positioning but can't move it.
If price reclaims 196.25, exit immediately on the stop — don't hold the short through that.