Bears are locking in total control, shutting down the recovery and preparing for a ruthless downside collapse!
$TAO – SHORT
Trade Plan:
Entry: 222.5 – 224.3
SL: 239.5
TP1: 212.2
TP2: 202.2
TP3: 192.1
Why this setup?
Price is getting aggressively rejected at resistance, failing to hold recovery momentum and confirming lower timeframe weakness.
Heavy distribution pressure is overwhelming buyers, clearing the path for an accelerated breakdown toward lower support zones.
Downside liquidity pools below current ranges act as strong magnets to drag prices toward aggressive take-profit targets.
— Hazel Trades 🌸
#Jobs165KDecHike73Percent #CanUSStocksReboundAfterNonfarmPayrolls? #AnthropicIPOValuationDoubts #AnthropicIPOValuationDoubts