Much attention to the market shakeout that $TAO just left. Price suffered a quick capitulation that broke below the $280 floor and moved to hunt liquidity down to $254.5, leaving a significant absorption wick right in the institutional discount zone of the daily chart.
Although on the 1D chart we temporarily lost the MA25 ($285.9), the 4-hour map left a fairly marked efficiency gap (FVG) between $275 and $295. On the 1-hour timeframe, selling pressure already slowed down, managing to close above the MA7 ($265.1) and marking a first, smaller change of character (CHoCH) that enables a direct relief bounce toward the upper moving averages.
Here’s the structured trading plan for the session:
🔹 Asset: $TAO (TAO/USDT pair)
🟢 MAIN PLAN (LONG ON CHOCH AND REABSORPTION):
Entry Zone: $268.0 – $270.0 USDT (Entry in the current range after absorption at $254.5)
Stop Loss (SL): $252.0 USDT (Technical invalidation below the sweep’s low)
TP1 (1 Hour): $279.5 USDT (Test of the 1H MA25 and first resistance)
TP2 (2 to 3 Hours): $294.5 USDT (FVG fill on 4H and retest of the 4H MA25)
TP3 (4 Hours): $302.5 USDT (Confluence with the 4H MA99 and high liquidity)
🔴 ALTERNATIVE SCENARIO (SHORT ON BEARISH BREAK):
Entry Trigger: 1H candle close below $252.0 USDT
Stop Loss (SL): $269.0 USDT
TP1: $235.0 USDT (Local support) | TP2: $215.0 USDT (Major floor)
Although on the 1D chart we temporarily lost the MA25 ($285.9), the 4-hour map left a fairly marked efficiency gap (FVG) between $275 and $295. On the 1-hour timeframe, selling pressure already slowed down, managing to close above the MA7 ($265.1) and marking a first, smaller change of character (CHoCH) that enables a direct relief bounce toward the upper moving averages.
Here’s the structured trading plan for the session:
🔹 Asset: $TAO (TAO/USDT pair)
🟢 MAIN PLAN (LONG ON CHOCH AND REABSORPTION):
Entry Zone: $268.0 – $270.0 USDT (Entry in the current range after absorption at $254.5)
Stop Loss (SL): $252.0 USDT (Technical invalidation below the sweep’s low)
TP1 (1 Hour): $279.5 USDT (Test of the 1H MA25 and first resistance)
TP2 (2 to 3 Hours): $294.5 USDT (FVG fill on 4H and retest of the 4H MA25)
TP3 (4 Hours): $302.5 USDT (Confluence with the 4H MA99 and high liquidity)
🔴 ALTERNATIVE SCENARIO (SHORT ON BEARISH BREAK):
Entry Trigger: 1H candle close below $252.0 USDT
Stop Loss (SL): $269.0 USDT
TP1: $235.0 USDT (Local support) | TP2: $215.0 USDT (Major floor)