$TAO requires patience before the short is actionable because the price is boxed inside a clear descending channel. This thesis gets stronger if we see a decisive move below that channel floor on a bearish candle. The setup gets weak if momentum suddenly pushes above the recent high, which would signal a flip.
Trade Plan — TAOUSDT SHORT
Entry: 246.80 - 247.30
Stop Loss: 248.41
TP1: 245.69 | TP2: 244.60 | TP3: 243.25
#TradingSignal
Trade Plan — TAOUSDT SHORT
Entry: 246.80 - 247.30
Stop Loss: 248.41
TP1: 245.69 | TP2: 244.60 | TP3: 243.25
#TradingSignal