$TAO needs confirmation before I press the short. The momentum on the shorter timeframes seems choppy, pinned inside a tight range even though the daily view is bearish. A failure to breach the upper limit on a down candle would be what tips the scale in favor of the downside. If it breaks out above that resistance, the short thesis simply doesn't play.

TAOUSDT SHORT
IN 225.98 - 226.34
OUT 227.29
TP 225.03 · 224.12 · 222.99

#Futures