🚨 $TAO /USDT: BEARS STRIKE BACK! 🔥 Will $249 Be Swept Next?
$TAO /USDT is showing a potential bearish momentum shift on the 1H chart after facing strong rejection at $259.70 and dropping sharply toward $252.80. The price is struggling to recover, while the $254.20–$255.00 zone could act as immediate resistance. 📉 SHORT SETUP: Entry: $254.20–$255.00 after bearish confirmation; 🎯 TP1: $251.20 | TP2: $249.10 | TP3: $245.70; 🛑 Stop Loss: $257.50. Smart Money Watch: A failed reclaim of resistance could trigger another downside move toward the $249.10 support, while a confirmed breakout above $257.30 could invalidate the bearish setup. With 24H trading volume at $9.69M, watch for a liquidity sweep, rejection candle, and bearish continuation before entering. ⚠️ Don't chase the move—wait for confirmation and manage your risk. This is a conditional technical setup, not a guaranteed outcome.
#TAO #Bittensor #TAOUSDT #BinanceSquare #CryptoTrading #SmartMoneyConcepts #LiquiditySweep #ShortSetup
#TAO
$TAO /USDT is showing a potential bearish momentum shift on the 1H chart after facing strong rejection at $259.70 and dropping sharply toward $252.80. The price is struggling to recover, while the $254.20–$255.00 zone could act as immediate resistance. 📉 SHORT SETUP: Entry: $254.20–$255.00 after bearish confirmation; 🎯 TP1: $251.20 | TP2: $249.10 | TP3: $245.70; 🛑 Stop Loss: $257.50. Smart Money Watch: A failed reclaim of resistance could trigger another downside move toward the $249.10 support, while a confirmed breakout above $257.30 could invalidate the bearish setup. With 24H trading volume at $9.69M, watch for a liquidity sweep, rejection candle, and bearish continuation before entering. ⚠️ Don't chase the move—wait for confirmation and manage your risk. This is a conditional technical setup, not a guaranteed outcome.
#TAO #Bittensor #TAOUSDT #BinanceSquare #CryptoTrading #SmartMoneyConcepts #LiquiditySweep #ShortSetup
#TAO
