🔴 SHORT $TAO — CMP or $240
📍 Entry: Market Price / $240
🛑 SL: $252
🎯 TP1: $216.5
🎯 TP2: $199.3
Why am I shorting $TAO?
The $230–$247 area looks like a strong resistance zone, and for now, I see a higher probability of a breakdown than a breakout toward the next key level around $272.
I’ll share more of my fundamental analysis (FA) on $TAO in my next post. 👀📉
Trade carefully and manage your risk.
📍 Entry: Market Price / $240
🛑 SL: $252
🎯 TP1: $216.5
🎯 TP2: $199.3
Why am I shorting $TAO?
The $230–$247 area looks like a strong resistance zone, and for now, I see a higher probability of a breakdown than a breakout toward the next key level around $272.
I’ll share more of my fundamental analysis (FA) on $TAO in my next post. 👀📉
Trade carefully and manage your risk.
