TAO is hammering lower as it bursts through the recent swing low, the momentum screaming for a short. The price is ripping through the 4‑hour structure, opening a narrow window to jump in.
🔴 $TAO SHORT 📉
Entry $221.7280-$222.1719 | SL $228.6085 (-3.0%) | TP1 $218.6207 (+1.5%) | TP2 $210.8525 (+5.0%) | R/R 1:1.7 | Conf 64%
A clear change of character hit the market, the CHoCH broke the swing high while volume surged on the CVD, confirming the sell pressure. The FVG aligns perfectly with an order block, creating a POI confluence that pins the downside target.
A 3.0% stop is relatively tight on this swing, so a modest 5‑10x leverage keeps risk in check.
Take half profit around the first target as the price hits the lower edge of the FVG.
Not financial advice — trade only what you can afford to lose 🙏
$TAO #TAOUSDT #THORChain #TradingSignals #Write2Earn
🔴 $TAO SHORT 📉
Entry $221.7280-$222.1719 | SL $228.6085 (-3.0%) | TP1 $218.6207 (+1.5%) | TP2 $210.8525 (+5.0%) | R/R 1:1.7 | Conf 64%
A clear change of character hit the market, the CHoCH broke the swing high while volume surged on the CVD, confirming the sell pressure. The FVG aligns perfectly with an order block, creating a POI confluence that pins the downside target.
A 3.0% stop is relatively tight on this swing, so a modest 5‑10x leverage keeps risk in check.
Take half profit around the first target as the price hits the lower edge of the FVG.
Not financial advice — trade only what you can afford to lose 🙏
$TAO #TAOUSDT #THORChain #TradingSignals #Write2Earn