Guys, guys, did you know that for $TAO , a bounce could turn into a trap for those who thought the drop was over? 😱😱😱😱
On the 1H chart, sellers keep making new lows. The daily chart and BTC are on their side too.
I’m waiting for a return to $225.15–225.57 to short, after buyers’ weakness is confirmed.
Targets: $217.77 and $211.89.
A close above $227.47 would invalidate my scenario.
$TAO #CryptoTrading #ShortSetup
On the 1H chart, sellers keep making new lows. The daily chart and BTC are on their side too.
I’m waiting for a return to $225.15–225.57 to short, after buyers’ weakness is confirmed.
Targets: $217.77 and $211.89.
A close above $227.47 would invalidate my scenario.
$TAO #CryptoTrading #ShortSetup