$TAO - Bearish Breakdown in Progress 🔻 🔻
Entry: 234.4000–235.0000
TP1: 232.5000 | TP2: 231.2500 | TP3: 230.0000
SL: Above 237.2000
The current 15m setup shows a well-defined bearish impulse through the 20-bar closing boundary after a relatively compressed 20-bar structure; the candle retained a strong directional close with strong volume participation behind the move, while open interest is showing only a limited change and funding is still close to neutral.
#TAO #TAOUSDT
Entry: 234.4000–235.0000
TP1: 232.5000 | TP2: 231.2500 | TP3: 230.0000
SL: Above 237.2000
The current 15m setup shows a well-defined bearish impulse through the 20-bar closing boundary after a relatively compressed 20-bar structure; the candle retained a strong directional close with strong volume participation behind the move, while open interest is showing only a limited change and funding is still close to neutral.
#TAO #TAOUSDT
