$TAO
🔴 $TAO | Short Setup
Price is losing steam — here is what I am watching. 👇
📊 TAO exhibits significant bearish momentum, with a notable decline over the last 24 hours. The price action suggests continued selling pressure, making a short position favorable for a potential retest of lower support levels.
🎯 Trade Plan
• Entry: 290.40
• Stop Loss: 294.75
• TP1: 286.00
• TP2: 283.85
• TP3: 281.70
⚡ Trigger:
Confirmation of downward continuation below 290.00.
⚠️ Risk Note:
Risk management is crucial. This is not financial advice. Trade at your own risk.
#TAO #CryptoTrading #Short #Bearish
🔴 $TAO | Short Setup
Price is losing steam — here is what I am watching. 👇
📊 TAO exhibits significant bearish momentum, with a notable decline over the last 24 hours. The price action suggests continued selling pressure, making a short position favorable for a potential retest of lower support levels.
🎯 Trade Plan
• Entry: 290.40
• Stop Loss: 294.75
• TP1: 286.00
• TP2: 283.85
• TP3: 281.70
⚡ Trigger:
Confirmation of downward continuation below 290.00.
⚠️ Risk Note:
Risk management is crucial. This is not financial advice. Trade at your own risk.
#TAO #CryptoTrading #Short #Bearish