$TAO REJECTED AT RESISTANCE – BEARS EYEING LOWS AHEAD ⚡
Entry: 204.3 – 205.0 🔥
Target: 200.2 🚀
Stop Loss: 206.4 ⚠️
Price continues to trade below the 205 resistance zone after a clean rejection at that level. The inability to reclaim this area keeps the short-term structure firmly bearish, with each rally getting sold into. Liquidity below the 203 handle remains untapped and likely in play.
Volume on the 1H has been declining during bounces, signaling weak buyer conviction. A clean break through 203 could accelerate the move toward the 200 support. Are you pressing this short or waiting for a retest?
Not financial advice. Always manage your risk.
#TAO #ShortSetup #Breakdown #ResistanceReject
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Entry: 204.3 – 205.0 🔥
Target: 200.2 🚀
Stop Loss: 206.4 ⚠️
Price continues to trade below the 205 resistance zone after a clean rejection at that level. The inability to reclaim this area keeps the short-term structure firmly bearish, with each rally getting sold into. Liquidity below the 203 handle remains untapped and likely in play.
Volume on the 1H has been declining during bounces, signaling weak buyer conviction. A clean break through 203 could accelerate the move toward the 200 support. Are you pressing this short or waiting for a retest?
Not financial advice. Always manage your risk.
#TAO #ShortSetup #Breakdown #ResistanceReject
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