$TAO : Strong projects don't always mean strong charts.
TAO is trading near $230–$237, with lower highs and persistent selling pressure. The daily trend remains bearish, and losing the descending structure puts further downside in focus
📉 SHORT SETUP
Entry: $236–$242 on rejection
TP1: $227
TP2: $214
TP3: $198
Extended target: $188
SL: $251
📈 Bulls need to reclaim $251–$262 to challenge the bearish structure
You can believe in Bittensor's long-term vision while respecting the current chart. No blind entries—wait for confirmation.
TAO is trading near $230–$237, with lower highs and persistent selling pressure. The daily trend remains bearish, and losing the descending structure puts further downside in focus
📉 SHORT SETUP
Entry: $236–$242 on rejection
TP1: $227
TP2: $214
TP3: $198
Extended target: $188
SL: $251
📈 Bulls need to reclaim $251–$262 to challenge the bearish structure
You can believe in Bittensor's long-term vision while respecting the current chart. No blind entries—wait for confirmation.
