TAO is cranking up a bearish wave as the market eyes a fresh downtrend. The price is perched near a key resistance that’s about to flip.
🔴 $TAO SHORT 📉 — Trade Plan
• Entry: $307.2425 – $307.8576
• Stop: $316.7765 (-3.0%)
• Target 1: $302.9368 (+1.5%)
• Target 2: $292.1725 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear change of character broke the bullish swing, and the CVD turned sharply negative, confirming the shift. The chart shows a fresh fair value gap feeding into an order block, while a liquidity sweep wiped out short‑term buying. POI confluence with the OB‑FVG overlap makes the short bias crystal clear.
A 3 % stop is relatively tight on this swing, so a modest 5‑10× leverage keeps risk in check.
Take half off the table once price hits the first target to lock in gains.
Not financial advice — always manage your own risk 🙏
$TAO #TAOUSDT #EarningsSeason #TradingSignals #Write2Earn
🔴 $TAO SHORT 📉 — Trade Plan
• Entry: $307.2425 – $307.8576
• Stop: $316.7765 (-3.0%)
• Target 1: $302.9368 (+1.5%)
• Target 2: $292.1725 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A clear change of character broke the bullish swing, and the CVD turned sharply negative, confirming the shift. The chart shows a fresh fair value gap feeding into an order block, while a liquidity sweep wiped out short‑term buying. POI confluence with the OB‑FVG overlap makes the short bias crystal clear.
A 3 % stop is relatively tight on this swing, so a modest 5‑10× leverage keeps risk in check.
Take half off the table once price hits the first target to lock in gains.
Not financial advice — always manage your own risk 🙏
$TAO #TAOUSDT #EarningsSeason #TradingSignals #Write2Earn