$TAO IS BACK AT THE SUPPLY ZONE THAT LIKELY DUMPS IT AGAIN đ„
Entry: 205-211 đ„
Target: 197 đ
Stop Loss: 226 â ïž
This bounce looks clean on the surface but itâs pulling buyers straight into a hard resistance zone thatâs rejected price three times this month. Iâve seen this pattern play out repeatedly â the moment retail bids into strength, smart money offloads into their orders.
Volume on the 4H is already fading as we approach supply, and the RSI is rolling over right at 58. Thatâs the same divergence that triggered the last -12% move from this level. Are you taking the short with me or waiting for a retest of the zone first?
Not financial advice. Always manage your risk.
#TAO #ShortSetup #ResistanceTrade #Crypto
âĄ
Entry: 205-211 đ„
Target: 197 đ
Stop Loss: 226 â ïž
This bounce looks clean on the surface but itâs pulling buyers straight into a hard resistance zone thatâs rejected price three times this month. Iâve seen this pattern play out repeatedly â the moment retail bids into strength, smart money offloads into their orders.
Volume on the 4H is already fading as we approach supply, and the RSI is rolling over right at 58. Thatâs the same divergence that triggered the last -12% move from this level. Are you taking the short with me or waiting for a retest of the zone first?
Not financial advice. Always manage your risk.
#TAO #ShortSetup #ResistanceTrade #Crypto
âĄ
