🚨 $TAO REJECTS RANGE HIGH RESISTANCE AS SELLERS DEFEND SUPPLY! 📉
Entry: 234.43 - 241.57 ⚡
Target: 230.86, 223.72, 218.96 🎯
Stop Loss: 258.00 ⚠️
📌 Price action on $TAO is pressing into overhead supply between 234.43 and 241.57, where upside momentum is visibly tapering off. 🔍 Failure to clear this range high reveals institutional absorption from active sellers defending premium pricing.
💡 A sustained rejection here opens the path for a clean structural unwind toward untapped sell-side liquidity down to 218.96.
🤔 Are you shorting this resistance zone, or waiting for lower timeframe confirmation before entering?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TAO #ShortSetup #PriceAction #Crypto
🎯 🦈
Entry: 234.43 - 241.57 ⚡
Target: 230.86, 223.72, 218.96 🎯
Stop Loss: 258.00 ⚠️
📌 Price action on $TAO is pressing into overhead supply between 234.43 and 241.57, where upside momentum is visibly tapering off. 🔍 Failure to clear this range high reveals institutional absorption from active sellers defending premium pricing.
💡 A sustained rejection here opens the path for a clean structural unwind toward untapped sell-side liquidity down to 218.96.
🤔 Are you shorting this resistance zone, or waiting for lower timeframe confirmation before entering?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TAO #ShortSetup #PriceAction #Crypto
🎯 🦈
