$TAO – SHORT
Entry: 239.70–239.75
SL: 241.10
TP1: 239.00
TP2: 238.10
TP3: 235.25
The recent market structure shows a clear shift toward bearish momentum. Sustained selling pressure and increased volume on breakdown candles confirm that sellers are dominating the lower levels. Expect further downside as the price continues to face significant resistance near previous support zones. The recent failure to maintain bullish momentum suggests that a move toward liquidity pools below is likely. Exercise caution as we target these lower levels in the immediate term.
Entry: 239.70–239.75
SL: 241.10
TP1: 239.00
TP2: 238.10
TP3: 235.25
The recent market structure shows a clear shift toward bearish momentum. Sustained selling pressure and increased volume on breakdown candles confirm that sellers are dominating the lower levels. Expect further downside as the price continues to face significant resistance near previous support zones. The recent failure to maintain bullish momentum suggests that a move toward liquidity pools below is likely. Exercise caution as we target these lower levels in the immediate term.