đš TAO (1H) - BEARISH SETUP AHEAD â ïž*
1H timeframe is clearly bearish right now. Lower highs, lower lows - price is trading well below $309.63 flip level.
But remember, daily & weekly are still bullish, so this is just a counter-trend pullback. Don't get too aggressive.
My plan:
*Short zone:* $295.17 - $292.12 - this is strong supply, FVG + Order Block confluence.
*Target 1:* $280.23 swing low
*Target 2:* $270.97 if momentum continues
*Invalidation:*
Close above $309.63 and idea is dead, then we flip long to $311.93 / $316.43
RSI 37.5 - still room to go down, not oversold yet.
Waiting for bearish rejection in supply zone. No FOMO shorts.
Follow for more updates đ
$TAO
#FedMinutesFocusOnOctoberPause #TAO #TAOTrading #bittensor
1H timeframe is clearly bearish right now. Lower highs, lower lows - price is trading well below $309.63 flip level.
But remember, daily & weekly are still bullish, so this is just a counter-trend pullback. Don't get too aggressive.
My plan:
*Short zone:* $295.17 - $292.12 - this is strong supply, FVG + Order Block confluence.
*Target 1:* $280.23 swing low
*Target 2:* $270.97 if momentum continues
*Invalidation:*
Close above $309.63 and idea is dead, then we flip long to $311.93 / $316.43
RSI 37.5 - still room to go down, not oversold yet.
Waiting for bearish rejection in supply zone. No FOMO shorts.
Follow for more updates đ
$TAO
#FedMinutesFocusOnOctoberPause #TAO #TAOTrading #bittensor