đ $TAO is currently trading around 300.2 and is sliding toward the key resistance at 299.999 as sellers tighten. On the 1âhour chart the bias is bearish, and the 15âminute momentum confirms the downside pressure. RSI sits at 44.3, supporting the short outlook. My short range is set between 298.801 (entry) and the resistance at 299.999.
Entry Point (EP): 298.801â299.999
TakeâProfit 1 (TP1): 294.200
TakeâProfit 2 (TP2): 290.040
TakeâProfit 3 (TP3): 285.880
StopâLoss (SL): 304.600
If price breaks above 304.600 the setup is invalidated. Question: Will volume be sufficient to keep the price below the 295 level?
Entry Point (EP): 298.801â299.999
TakeâProfit 1 (TP1): 294.200
TakeâProfit 2 (TP2): 290.040
TakeâProfit 3 (TP3): 285.880
StopâLoss (SL): 304.600
If price breaks above 304.600 the setup is invalidated. Question: Will volume be sufficient to keep the price below the 295 level?