$TAO SHORT SETUPS 📉
Trade 1 — Rejection Short
Entry: $292–$296
SL: $305
TP1: $283
TP2: $275
TP3: $265
Condition:
Only if TAO retests $292–$296 and gets rejected.
--------------------
Trade 2 — Breakdown + Retest
Trigger: 1H close below $282
Entry: $281–$284 retest
SL: $289
TP1: $275
TP2: $268
TP3: $258
Current read:
• $300–$305 = key resistance
• $292–$296 = first rejection zone
• $282–$283 = important support
• Below $282 = downside momentum gets stronger
• Reclaim above $305 = short thesis weakens
No confirmation = no entry.
$TAO AO #Bittensor
Trade 1 — Rejection Short
Entry: $292–$296
SL: $305
TP1: $283
TP2: $275
TP3: $265
Condition:
Only if TAO retests $292–$296 and gets rejected.
--------------------
Trade 2 — Breakdown + Retest
Trigger: 1H close below $282
Entry: $281–$284 retest
SL: $289
TP1: $275
TP2: $268
TP3: $258
Current read:
• $300–$305 = key resistance
• $292–$296 = first rejection zone
• $282–$283 = important support
• Below $282 = downside momentum gets stronger
• Reclaim above $305 = short thesis weakens
No confirmation = no entry.
$TAO AO #Bittensor