$TAO — Short trade setup
Entry: 208.0 – 208.7
Stop loss: 215.4
Target 1: 201.3
Target 2: 194.3
This may be nothing more than a dead cat bounce back into the supply zone — an easy opportunity to bet against it. But the structure of this pullback looks shallow and inconclusive, as if the sellers aren’t done yet. I’m waiting for the price to clearly reject this zone before I’m fully convinced.
Trade $TAO here 👇
Entry: 208.0 – 208.7
Stop loss: 215.4
Target 1: 201.3
Target 2: 194.3
This may be nothing more than a dead cat bounce back into the supply zone — an easy opportunity to bet against it. But the structure of this pullback looks shallow and inconclusive, as if the sellers aren’t done yet. I’m waiting for the price to clearly reject this zone before I’m fully convinced.
Trade $TAO here 👇
