🚨 $TAO REJECTED AT SUPPLY: INSTITUTIONAL SELLERS DEFEND KEY DISTRIBUTION ZONE 📉
Entry: 234.43 - 241.57 ⚡
Target: 230.86 - 218.96 🎯
Stop Loss: 258.00 🛑
📌 Price tapped the premium supply block between 234.43 and 241.57, meeting heavy absorption as overhead sellers cap upside momentum. 🔍 Lower timeframe market structure confirms distribution, signaling that smart money is actively protecting this pivot from further expansion.
💡 With structural invalidation clearly defined at 258.00, the path of least resistance targets inefficiency fills down toward 218.96. 💬 Are you leaning short into this supply rejection or waiting for a deeper liquidity sweep? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TAO #ShortSetup #PriceAction #Crypto #MarketStructure
🎯 🦈
Entry: 234.43 - 241.57 ⚡
Target: 230.86 - 218.96 🎯
Stop Loss: 258.00 🛑
📌 Price tapped the premium supply block between 234.43 and 241.57, meeting heavy absorption as overhead sellers cap upside momentum. 🔍 Lower timeframe market structure confirms distribution, signaling that smart money is actively protecting this pivot from further expansion.
💡 With structural invalidation clearly defined at 258.00, the path of least resistance targets inefficiency fills down toward 218.96. 💬 Are you leaning short into this supply rejection or waiting for a deeper liquidity sweep? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #TAO #ShortSetup #PriceAction #Crypto #MarketStructure
🎯 🦈
