$TAO is down 6.4 percent and someone is selling to you right now
Chasing the green top gainer always feels smart until you look at the other side of the trade
Right now $TAO sits at 261.8000 dollars which is only 20 percent up from the 256.1000 dollar bottom of its range
That means buyers jumping in here are taking from sellers who already watched the 302.0000 dollar high fade away
The 1 hour RSI reads 37 so momentum belongs entirely to the people getting out
Every time you buy a red candle thinking it is a discount you are just paying a tired holder to leave
Wait for the base to build before you commit capital
What is your actual stop loss rule when a coin drops like this
#TAO #TradingTips
Chasing the green top gainer always feels smart until you look at the other side of the trade
Right now $TAO sits at 261.8000 dollars which is only 20 percent up from the 256.1000 dollar bottom of its range
That means buyers jumping in here are taking from sellers who already watched the 302.0000 dollar high fade away
The 1 hour RSI reads 37 so momentum belongs entirely to the people getting out
Every time you buy a red candle thinking it is a discount you are just paying a tired holder to leave
Wait for the base to build before you commit capital
What is your actual stop loss rule when a coin drops like this
#TAO #TradingTips