TAOUSDT faces significant selling pressure at key resistance levels. Large whale orders are actively capping the price action.
$TAO
Bias:
Bearish momentum dominates as price structure fails to reclaim higher levels.
Trade Plan
Entry: 197.61
SL: 198.30
TP: 196.72 / 191.94
Market Evidence:
• Whale resistance detected on the order book limiting upside.
• Taker SELL flow remains dominant, pressuring price.
• Bearish market structure persists without breakout confirmation.
Risk:
• Long-heavy positioning (1.52 L/S ratio) could trigger a short squeeze if momentum shifts.
Watch:
Monitor order book depth for whale order removal or support flip.
#TAOUSDT #Trading #Orderflow
$TAO
Bias:
Bearish momentum dominates as price structure fails to reclaim higher levels.
Trade Plan
Entry: 197.61
SL: 198.30
TP: 196.72 / 191.94
Market Evidence:
• Whale resistance detected on the order book limiting upside.
• Taker SELL flow remains dominant, pressuring price.
• Bearish market structure persists without breakout confirmation.
Risk:
• Long-heavy positioning (1.52 L/S ratio) could trigger a short squeeze if momentum shifts.
Watch:
Monitor order book depth for whale order removal or support flip.
#TAOUSDT #Trading #Orderflow