$TAO It inflates the bears with the pressure of sharp whales — 65% long trapped under EMA200 and VWAP 🔴

$TAO /USDT — Short 🔴

Trading plan:
Entry: 232.2 – 233.65
Stop loss: 238.5244
Target 1: 226.0554
Target 2: 221.2466
Target 3: 216.4379

Why this setup?
BBW at 0.042 indicates extreme Bollinger pressure and an imminent breakout
Overextended long positions at 65.45% with a 1.89% ratio feed the risk of an upcoming liquidation squeeze
Price is below EMA200 and VWAP with rising OBV, confirming whale distribution

Are we seeing the start of a violent correction or just another bear trap?

$TAO

This content is not investment advice—do your own research (DYOR)