$TAO — Rejection Beneath 327.37 Resistance, Empty Move Incoming 📉
Trade Plan: Short $TAO
Entry: 327 - 330
SL: 339.33
TP: 310.63 | 294.56 | 277.89
Why this Setup?
Price is rejecting around the 327.37 resistance zone after failing to sustain the upside move. A continued rejection from this area could open the path toward 310.63, followed by deeper downside toward the lower support levels. As long as 339.33 holds, the bearish setup remains valid.
Trade $TAO here 👇
Trade Plan: Short $TAO
Entry: 327 - 330
SL: 339.33
TP: 310.63 | 294.56 | 277.89
Why this Setup?
Price is rejecting around the 327.37 resistance zone after failing to sustain the upside move. A continued rejection from this area could open the path toward 310.63, followed by deeper downside toward the lower support levels. As long as 339.33 holds, the bearish setup remains valid.
Trade $TAO here 👇